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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?

To: Bill Brogan who wrote (19265)	1/6/2004 9:01:57 PM
From: hoopsville	Respond to of 19331

Bill - sent you a Private Message on Silicon Investor.

To: Bill Brogan who wrote (19265)	1/6/2004 9:06:01 PM
From: Dorine Essey	Respond to of 19331

Hi Bill, HAPPY NEW YEAR I too am holding shares of DCTC. If you are still holding your shares you can have then declared a loss with your broker . I don't remember all my broker told me but all I had to do is right them a letter request that they be declare valueless. I can remember back when I fist bought and and went to sell them at a profit, I was told not to that I would be sorry. lol. Sorry I was that I didn't sell. I am just gratefull that I did get some money out on the way down but am still holding a few thousand/ I hope all is well with you and your family . Sincelely, Dorine

To: Bill Brogan who wrote (19265)	1/6/2004 9:57:14 PM
From: rrufff	Respond to of 19331

Just a couple of add ons - I don't know if this stock still trades. If it does, the IRS can claim it is not totally worthless. The Code says you take the loss in the year that the company is worthless, which is not the same as bankrupt or out of money. As to the IRA - you don't get a write off, because you don't pay taxes until you get a distribution. Since you won't be getting anything from this holding, you won't pay taxes on it, but no write off. Ain't that a hoot. BTW - I saw a post here and realized that I have some shares somewhere. I think they are LCST. I'm trying to remember how LCST related to DCTC. Thank goodness, it was a small gamble. If anyone knows, let me know and I'll do my tax returns <gggg>.