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


To: Mark[ox5] who wrote (2914)2/18/1998 8:24:00 PM
From: george eberting  Read Replies (1) | Respond to of 19331
 
You probably should check out these posts by Joe Murphy on the other thread. #3249 is probably the best. Also see: 3081,3091,3146,3150 and 3277.

Another one, which I'm sure is a disappointment to us all is #3154. I believe it was Robert Burns who once said "The best laid plans of mice and men oft go astray." George E.



To: Mark[ox5] who wrote (2914)2/18/1998 8:25:00 PM
From: george willse  Read Replies (2) | Respond to of 19331
 
Mark -

After reading the last several blocks of posts, I think that earnings, while important to DCI, are taking a secondary position to "building" the company. Reading between the lines of Joe M. and MJZ's posts, they seem more focused on gaining a much larger market share of the Canadian calling card business, expanding the European operations, and inserting the new acquisitions into a unified force focused on specific market segments. DCI has had a taste of the good life after the SmartTalk deal, with the new infusion of cash and equity. I believe the ultimate goal is still a buyout, in which all shareholders stand to profit.

What concerns me is that scenario where DCI would, for example, sell Canada CardCall for a large profit, buy/acquire new businesses, build them up, and repeat the process. The bottom line would be favorably affected, but no buyout, and a good possibility that the share price would not significantly rise because of perceived instability.

An alternate scenario would be one in which Canada CardCall was sold for a nominal sum, say $60 million (MJZ estimate), the revenues utilized to build the European operations (I believe Joe said he wanted to penetrate at least 10 countries??), and then sell the entire company at that time for the multiples. Everybody (that stays invested) wins!

Perhaps Joe M. and/or MJZ would comment on the above?

As always, the above is IMHO.

Cheers,

George