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

To: sammaster who wrote (2704)	2/11/1998 8:54:00 AM
From: Bruce Galpeer	Respond to of 19331

sam, That is a question that is most difficult to answer. Some former CardCall shareholders, who had lock-up agreements on their shares, decided over the last few months to sell their shares. As far as Joe Murphy has been able to determine through Morrow, it was about 1.5 million shares. These were not all from CardCall but a vast majority of them were. That part of the overhead is gone but I still feel that we have a few hundred thousand free floating shares. These are shares that have not found a solid home, thats why we are bouncing like a yo-yo at the present. People buy looking for the quick hit, when it does not come they sell and go on to something else. Eventually these shares too will be absorbed then the MM's will start raising the price for inventory. The right piece of news at the right moment could be all we need. I'm not worried at all. I just go look at where DCI was 1 short year ago and where it is today. LONG AND STRONG!!! GO DCTC!!!! Bruce

To: sammaster who wrote (2704)	2/11/1998 9:30:00 AM
From: James Harold Alton	Respond to of 19331

Sam, Sorry, I do not have any exact numbers of dates for you. I can tell you that when Joe made the original Card Call deal that included in the total number of shares for that deal as filed were "performance based" shares. These were shares that would only be issued if Card Call was able to meet earnings targets and were an incenitive for the employees and officers to meet those targets. As I understand, the sale of the W. H. Smith Contract (actually just the right to sell prepaid phone cards thru those contracts) for 9 million $ triggered the release of a portion of those performance based shares. James