The fundamental reason Why DCTC could go $10 and also the fundamental reason why DCTC went to $0.67
1.in 1998 fiscal year which ended 3/31/1998, DCI only had $8 million revenue, with 21.8 million shares outstanding, applying PRICE/SALES
ratio in TELECOM INDUTRY average 3.69
DCTC=($8MILLION/21.8MILLION)x3.69=$1.35per share
with all 8million shares from canada ,short selling and panic selling,
it's no surprise DCTC went down to $0.67 when people stick to LAST
YEAR'S PERFORMANCE.
2.now we are in the end of 3rd qtr.of 1999 fiscal year, REVENUE for the last half year was $17millions and the expected 1999fiscal year revenue is $100millions.
with $100millions REVENUE and 31 million total diluted shares at the end of 3/31/1999 after WAVETECH acqusition, also applying PRICE/SALES
in TELECOM INDUSTRY average 3.69
DCTC=($100MILLION/31MILLION)x3.69=$11.9per share
We want to remind that We live now not in the past, DCI is growing at 1000% annual rate. all last year's data for DCTC is totally outdated,
with NASDAQ or AMEX listing ahead,
with RAMP UP of $340million contract,
with SWITCH in NEW YORK put in operation,
with possible CYBERFAX spinoff,
It's TIME to LET this BABY GO TO ITS DESTINATION!
DCTC, LET'S GO!
STRONGER THAN EVER. GO DCTC! |
