Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: David Bartkowski who wrote (4284)	2/3/1998 6:40:00 PM
From: george eberting	Respond to of 4489

<<<I think we will have to sit back and let those earnings come rolling in.>> Yup. I suspect you are right. I'll continue to have faith in management and let the quarterly reports speak for themselves. George E.

To: David Bartkowski who wrote (4284)	2/3/1998 6:41:00 PM
From: Mr. Cellophane Man	Read Replies (1) \| Respond to of 4489

Dow Jones Newswires -- February 3, 1998 DCI Telecommun To Merge With Fla. Company For $10M Dow Jones Newswires STRATFORD, Conn. -- DCI Telecommunications Inc. (DCTC) signed a letter of intent to merge with WorldPass Communication Corp., a Florida-based telecommunications provider. DCI will pay WorldPass $10 million in stock and other compensation. The merged company will operate under the DCI name. In a press release Tuesday, DCI said it expects the merger to improve its profitability and push annual revenues past $25 million on a pro forma basis. WorldPass's Aventura, Fla., can handle all of DCI's U.S. and Canadian traffic. DCI said consolidation could result in "tremendous savings." DCI had $2.8 million in revenues for the year ended March 31 and $4.6 million in revenues for the six months ended Sept. 30. Privately held WorldPass had $15 million in revenues in its last reported year, DCI said. On average, its revenues have double each of the last six years. WorldPass President Shaul Shalev will be chairman of DCI after the merger closes. In a related transaction, DCI sold R&D Scientific Corp. back to its former owner to focus on telecommunications. DCI provides long-distance, prepaid cellular and Internet services. WorldPass operates primarily in South America.