To: LT who wrote (2698 ) 2/10/1998 10:48:00 PM From: Bruce Galpeer Read Replies (2) | Respond to of 19331
Hi Harrie, oops sorry hairreless, We have been around a long time watching this company grow. There are posters who are cheerleaders and posters who always think that some thing is wrong. It is my own belief that DCI is moving right along the line that Joe Murphy has set out. He has made tremendous deals that have given DCI the resources to make even more of these same type deals. It is true that it's hard not to focus on stock price in light of recent news announcements. I have seen and heard of to many companies that had a price of 2,3 or 4 dollars one day then opened the next at 6, 8 or 10. I am not at all suggesting that this will happen to DCI, but there is no denying the current book value vs share price ratio. As more of Joe's plan comes to light over the next weeks and months I have no doubt that this will be reflected in the share price. There are many times that these things come out of left field and then the people on the sidelines are the woulda, shoulda, coulda crowd. They may have owned recently but think they found greener pastures someplace else. They sell with every intention of getting back in at a lower price or maybe the same price, cause the stock is weak. Then boom there it goes and they miss out. I have had it happen in other stocks and missed the ride. It will not happen in this one. The buyback is taking up shares and sooner or later whatever sellers we have will not have shares to sell anymore. Then, as we have seen in the past, it does not take much buying to move the price up. The last hour of trading last friday is a good example, $2 to $2.25 on about 20000 shares. You can just never tell when the turn will come. When it does it is always hard and fast. Joe will do his thing, lets do ours by keeping this thread open and productive. LONG AND STRONG!!! GO DCTC!!!! Bruce