SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : DCTC - DCI Telecommunications -- Ignore unavailable to you. Want to Upgrade?


To: Pr-Ac Man who wrote (4016)1/28/1998 3:18:00 PM
From: Bruce Galpeer  Respond to of 4489
 
Good post from the other thread,

To: Lee G. Sommer (2511 )
From: Juli
Wednesday, Jan 28 1998 10:35AM EST
Reply # of 2524

Lee, I almost never post on these boards. Just paid my dues a few weeks back, but
I feel I should say something for the benefit of the newcomers. If I were just
discovering this stock for the first time on these boards, I would probably run for
the hills. To the newcomer it does seem like a lot of hype and maybe even stock
manipulation. But, because I have been in this stock for a long time and followed it,
I know better. The guys on the board and Joe Murphy and Michael are just having
a little fun now. Many on this board have gotten to know Joe and Michael on a very
personal level. I only had a small amount in this stock until the past couple of
weeks. I have now increased my position to where it is by far my largest position. I
recently retired and so I am shaking like a leaf with all this money in a bulletin
board stock. What made me decide was reflecting on the plan that Joe Murphy has
outlined over the past couple of years and how faithfully he has followed it. If you
look at the Cardcall deal, what he paid and what he sold a portion of it for, you will
see what I mean. Many on this board were disappointed when most of that deal
was stock, but already the shareholders have made a significant gain on that
stock. I examined everything and concluded that there just wasn't much downside
and huge upside to this. That is a situation that comes along very rarely. Also,
many of these posters have spent incredible hours researching this stock and
staying on top of it. I remember Brad from the Prodigy boards back in 90 or 91
when I first began investing on my own. I have also seen Lou Truex and Colin Cody
posting for many years. These are not pump and dump guys. Only you can make
the decision that is right for you. Don't blame anyone else for your decision.

Jewel Spence posting as Juli because Jewel was already taken



To: Pr-Ac Man who wrote (4016)1/28/1998 3:20:00 PM
From: Bruce Galpeer  Respond to of 4489
 
Also from the other thread, good posts Juli...

I did want to add one other thing. I did not put a large sum of money in this stock
based on the postings of this thread, nor should anyone ever do that. While I do
not believe that we have the pump and dump variety here, I have nonetheless
been in some stocks in the past with some of the same posters who were just as
enthusiastic and those stocks crashed and burned. The difference for me and the
reason I concluded that the downside was limited is 1. this is a fully reporting
company, 2. they are making money and do have the financial resources to follow
through, 3, they have made real deals that added value to the shareholder.
SmartTalk is not some BB stock where shenanigans may have been going on
behind the scenes. It is a well respected company followed by Wall Stree analysts,
4. when they needed to have an auditor for their European operations they chose
a well known and well respected auditing firm, 5. they likewise chose a well known
and well respected wall street firm to act as market maker in the buyback. All of
these things do not point to a company that is not leveling with shareholders. Look
at the facts for yourself, do not rely on what other people tell you.