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

To: Ed Pettee who wrote (3265)	1/8/1998 11:19:00 AM
From: george eberting	Read Replies (1) \| Respond to of 4489

Ed: My read on Joe's comment was that he simply doesn't have patience with people who don't have faith in where the company is going. And if you can't be upbeat and positive about what is about to happen, get the heck out of the way. JMO. (Sound like a familier beat?) George

To: Ed Pettee who wrote (3265)	1/8/1998 11:20:00 AM
From: Colin Cody	Read Replies (1) \| Respond to of 4489

What Joe means by "soft shareholders", a/k/a "weak hands" are shareholders, many-times smaller individuals, but not always, who have no faith in their investment choices. . These "type" of stockholders tend to watch the trend closely and bail out on any move NORTH, and ESPECIALLY when a stock moves back up to their INITIAL COST level. . This causes an "overhang" on the Market, as as soon as we get NEW BLOOD interested, down the road, these weak hands UNLOAD immediately and therefore STOP THE MOMENTUM - COLD. . The only way to get sustained momentum going NORTH, is to clear out the weak holders. The sooner the better. A technical bottom is evidenced many times by a "blow out" sell at a significant LOW on HEAVY volume. This signifies the last of the weak holders, giving up the ghost. . Once they are gone, the "stronger hands" can support the stock price, and the New Blood, will rally the stock higher. . Colin