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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: george eberting who wrote (12404)12/8/1998 11:17:00 AM
From: David Bartkowski  Read Replies (1) of 19331
 
"In the event the call option is not exercised, there will be an adjustment to the number of shares owned by IXC on June 1, 1999 if the 15-day volume-weighted average price for the shares is outside of the range of $4.20 to $5.88. After the adjustment, if any, IXC will own shares of DCI with a minimum value of approximately $18 million (if the price is below the range) and a maximum value of $22 million (if the price is above the range)."

George, I read this to mean if the price is lower they get less!!!!

What are you reading?
DAVE
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