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

To: James Harold Alton who wrote (3352)	1/16/1998 8:39:00 AM
From: King Louie	Read Replies (2) \| Respond to of 4489

Dear James, I agree with your analysis about the buyback, if there is to be one. Ideally, I feel the best strategy would be to allow the news releases to move the stock price up (as they have in the past), but then to follow up with some kind of stock price support or buyback. This will hold us at the new price level and flush out many of the flippers before the next move up. Once the profit takers are gone, there will be no turning back for this one. No offense to any profit takers out there, just the way I see it. KL

To: James Harold Alton who wrote (3352)	1/16/1998 10:51:00 AM
From: Pr-Ac Man	Read Replies (3) \| Respond to of 4489

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. That relates to a question I have about buybacks. What exactly happens to the shares when the company reaquires them. I was wondering if they were then permanently "retired". But based on your comment I would assume that they go under the company's name and are available at their discretion. Is that correct? If that is the case, I think a buyback would be an excellent way for DCI to leverage some cash for future aquisitions (as you alluded to). At these prices, DCI could buy a lot of shares for not much money. Also, if a company states that they are going to dedicate so much cash toward a buyback, are they then committed to follow through? Even if the stock price moves up significantly before they can complete the re-purchase? PA