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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Colin Cody who wrote (15107)	3/29/1999 9:21:00 AM
From: Bruce Galpeer	Read Replies (3) of 19331

CC, While I agree that NASDAQ would be welcome we are back to the same old discussion about any listing be better than no listing. I agree with Lou that having a 2 day window to run the stock is what hurt FCM and not the specialist. Peoples expectations were vastly over-rated with 2 days of hype ahead of the listing. If DCI gets an AMEX listing and it is not pre-announced then we would probably see a more true valuation for the stock and not pre-listing hype movement or over expectations. The other point is that the NASDAQ is not the savior that you make it out to be either. Do we not see, 2, 3 or 4 times a year, member firms being fined for stock price manipulation. I would say that at least half of our current mm line-up has been fined in the last 2 to 3 years on different occasions for stock manipulation and price fixing on NASDAQ stocks. I may be wrong but I do not ever remember seeing that happen to specialist representing stocks listed on AMEX. We each have our opinions of course and I am still of the mind that a listing anywhere is the most important thing. A move to NASDAQ could be accomplished after AMEX if the case warrants it. LONG AND STRONG!!! GO DCTC!!!! Bruce

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