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

To: James Harold Alton who wrote (3235)	1/7/1998 9:07:00 PM
From: josrph j murphy	Read Replies (2) \| Respond to of 4489

Dear James: Now that I have tried to explain the fundamentals fo the company,how easy it is to get to the information for one to formulate his or her own opinion, the quality of the numbers due to our surrounding cast and the rationale for all of this -- to get listed--Let me tell you where we are in that process: -as you may know,we applied to Sm Cap Nasdaq in the beginning of 1997,we met with them in June of 1997.They informed us, via letter,that they wanted Audited statements to reflect all of the acqusitions that we made subsequent to March 31,1997 . At that time,We just paid over $100,000 to complete the 3\|31\|97 audit.We made a decision(RIGHT or wrong) to wait because we were approached by SPEAR,LEEDS&KELLOGG to go on the American Stock Exchange and they would be our SPONSOR.We then went through that process and what do you think-AMEX wanted the same thing as Sm Cap Nasdaq.At this juncture we have called in Grant Thornton to begiin the Audit. Who will we decide to go with ? we haven't decided yet. I do want to impress on every investor in BB stocks that you should not take this process lightly because they want more than just the numerical tests met.One of those requirements is you MUST BE PROFITABLE AND FULLY REPORTING.Also,NASDAQ monitors SI BB stocks (such as ours) for hype,If you are considered Hyping you won't make it.In addition,they are going to drop 3400 BB stocks who are not fully reporting, We are pleased that we meet everything and have decided to go with the AUDIT