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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: Tom Latham who wrote (4127)	1/26/1998 10:15:00 PM
From: Mark[ox5]	Respond to of 7396

Could be an interesting position trade which I posted this weekend on another board. PLEASE LOOK THIS OVER. Usually I wouldnt recommend a BB stock, but this one is unusual: SYMBOL : DCTC Look at TODAY's action. This looks to be a good long termer but since this is a shorter term horizon board I also feel IMO it's a great position trade. Look it over, make a decision. Just wanted to post it to those looking for an interesting long position. In the past week (1)they have announced a $5 M buyback program of stock (2)announced a .01 per share dividend These 2 events ALONE are very unsual for a BB stock. They show a good cash balance. -CEO has stated Paine Webber will become a market maker this Thursday. -Stock buy back begins this thursday or friday -CEO has stated there are 4 or 5 announcements in the plans.. the 1st 2 were this past week, next one is next week.. and the first 2 already announced are the 'LEAST signifant' of the bunch. Some other PROS: -The company is run by a CEO who has been a CFO at a NYSE stock. -The CEO (Joe Murphy) posts on one of the DCTC thread here at SI. -Management is very much into increasing shareholder value; they interact with individual shareholders, etc. -Company overview can be found at its web page. Basically it in telecommunications,calling cards in Europe, real time internet faxes. -I believe CEO's goal is to take company to NASDAQ and eventually sell the co.