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: Colin Cody who wrote (17083)7/1/1999 8:17:00 PM
From: Don Green  Read Replies (1) | Respond to of 19331
 
Colin;

And I've never seen promoters either.

Bye



To: Colin Cody who wrote (17083)7/3/1999 6:38:00 PM
From: Grantcw  Read Replies (1) | Respond to of 19331
 
Hey Colin,

What do you think about the large loss recorded this year? Write-offs of $3 million from A/R? Kind of large, eh? Sure $650,000 was from Smartalk so I'll buy into that being an extraordinary event, but what about the other 2.35 million. Seems large... Maybe all telecommunications companies have this kind of bad debt though. I just hope this isn't a continuous problem.

Secondly, I don't like how they are handling the Cyberfax deal. Write-off a loss now even though we sure as heck got compensation for it via a note? It will help out future periods definitely, but I don't think that the company is properly matching the gains and losses from the whole Cyberfax venture. Not too big of a deal, but if I was the auditor I would definitely question the logistics.

See ya,

Grant