SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: Ken Salaets who wrote (17043)6/29/1999 11:53:00 PM
From: valuehunter  Read Replies (2) | Respond to of 19331
 
OK, Ken....................................
When one gets far away & stays off the computer for a while, one gets
a much different perspective. Take DCI for example. Here we have a
company which promised (and appeared ready to deliver) great things.
A classic apparent good risk/reward scenario. Yes, great stuff:
LD thru Edge w/ greatly expanding revenues, CLEC status coming in Spain, European expansion, switches to be installed, sale of Cyberfax
with anticipated IPO involving return to DCI investors, etc. But most importantly - the repeatedly stated goal of getting a NAZ or
AMEX listing. ( Not to mention $100 million+ run rates & near term
profitability ).
So what have we gotten as investors? A $6.7 million dollar fiscal
year loss reported today, a delay (at best) in just about everything
promised by mgt, & getting unceremoniously thrown off the OTC bb &
placed on the lowliest form of trading imaginable - the pink sheets.
Oh, I remember well the bragging of mgt that DCI reports their financials in the manner that a NYSE company would. Can you imagine a
bigger joke? This company is fiscally incapable of convincing a 2nd
MM to make a market in this fabulous stock. Think about it - What does that mean??? Think about why you purchased this stock in the
first place. Was it due to past performance or promises for future
performance?
Why don't you wake up & realize what certain nefarious "past" posters
have done to this thread. I no longer want to hear about prayer, trust, patience, Goddamn semper fi bullshit or anything else. DCTC
has probably been overmatched, plain & simple. For us as investors,
we couldn't be in a worse position. You simply can't sell without
being eaten alive and, unfortunately, holding might turn out to be an
even worse proposition.
BTW Ken, you and I have severely differing opinions as to what threads are for when an investor sees an investment crumble in front
of his eyes and cannot place any value on information received from
mgt of the company involved.........................V