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


To: sammaster who wrote (2860)2/16/1998 11:16:00 AM
From: MICHAEL J ZWEBNER  Respond to of 19331
 
samaster,

how right you are !

but the monies raised by selling a compan y asset, should be better put to use by buying more companies with additional revenues and earnings. THAT AND ONLY THAT - AS YOU POINT OUT - WILL BRING IN NEW INVESTORS AND RAISE THE VALUE OF THE STOCK.

Spending over half of the company's available cash on buying back its own stock, and paying a dividend in the company's second year of operations, (when the money is needed to build the business) is not IMO the right way to go. AGAIN, JUST MY OPINION.

MJZ