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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Bruce Galpeer who wrote (12510)	12/10/1998 12:40:00 PM
From: Richard L. Williams	Read Replies (1) of 19331

To many people see filings that they do not understand and right away assume the worst. It happens all the time. True, Bruce--but the market at most times forces the investor to read between the lines. Mr. Murphy may be an exception to the rule. As an example of indications of trouble, I give you the example of Cendant--the CEO sold virtually no stock in the months leading up to the meltdown, while his rival and underling, Silverman, sold $35,000,000 worth of CD near the top. Voila'! An accounting "glitch" to the tune of $330m and Silverman gets to sack his rival and keep the money. So tell me...who knew what, and when, and how does that translate to other companies when we looks at insider trading records? Cheers! Rick

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