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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Wes Stevens who wrote (17253)7/11/1999 10:58:00 PM
From: American Spirit  Read Replies (1) | Respond to of 56537
 
DCTI (to Speedbot) - Bragg is a regular poster on DCTI's yahoo thread and an apparent expert. Here is his post.

"During FY1998, DCTI purchased $750,000 in CommTouch Series C Preferred Stock. They also have an option to make an additional $1,000,000 investment. I'm not sure what the conversion to common shares is but as soon as I find out I will pass along details. CommTouch is slated to go public this week. "

Disclaimer - I don't know how many shares 1.75 buys but it's probably at a very low price. Therefore must be worth millions. How many millions I don't know.