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


To: JOE MEDSKER who wrote (3346)1/15/1998 5:56:00 PM
From: Pr-Ac Man  Read Replies (1) | Respond to of 4489
 
In a stock buy back program, the company is not permitted to purchase any shares at the ask. They or their representative simply
stay onthe bid. The result is a steady acquisition of the supply.


Joe:

That's very interesting; I wasn't aware. Thanks for your comments. I feel like it's Christmas, and we're all about to get a great big gift. And we're bubbling over with excitement because we don't know what it is. I think I'll leave some cookies and milk out for Joe. Then maybe he'll come to Wisconsin to do one of his regional meeting.

PA



To: JOE MEDSKER who wrote (3346)1/15/1998 7:53:00 PM
From: ernie de la fuente  Read Replies (1) | Respond to of 4489
 
If DCTC were planning to buyback shares, why would Mr. Murphy call the "big seller" directly and try to pursuade the selling to stop? If the price were to keep falling, DCTC buys them back at cheaper prices and also gives the loyal holders more buying opportunities. If the buyback did start, the price would head back up anyway so I don't think Joe has that in the immediate plans. Also, with what $ would we be buying back shares? We have tons of SMTK stock that we can't sell. Should we leverage those SMTK shares in some manner to to raise cash to buyback shares. I would not be in favor of buying back shares based on cash from a loan, why create the debt? I am hedging that the big announcements are going to center around another aquisition(no buyback, no sale of another one of our assets). Just some thoughts. Anyone, anyone? Also, now that we know Muller deal is closed(that was news to me I don't know about anyone else), how does it fit with the rest of our assets?



To: JOE MEDSKER who wrote (3346)1/16/1998 1:20:00 AM
From: James Harold Alton  Read Replies (2) | Respond to of 4489
 
Joe, Just my opinion, but I don't think it would take a buyback to move us back into the $3-4 range. We have been in this range several times in the past already without company support and really feel that the co. is currently in the best financial shape and has the brightest future it has ever had. I think that we do need to get some news out, the long quiet periods have been really hard on the stock because of the lack of news. I do like the idea of a stock buyback since at these price levels I think that a buyback would be a great way to spend some corporate $$. The purchased shares could perhaps be used towards some future aquisition and hopefully DCTC will be a lot higher at that time. The other reason I like the idea of the co. supporting the stock price is to eliminate these wild swings in the stock price, which I believe could lead to a much higher sustained price. It will be interesting for sure to see what Joe has up his sleeve (s?).

James