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

To: Jumpin Joe who wrote (2962)	2/22/1998 9:13:00 PM
From: Pr-Ac Man	Respond to of 19331

Thanks for your comments JJ. They were very relevant to the questions I have. PA

To: Jumpin Joe who wrote (2962)	2/22/1998 11:06:00 PM
From: Ed Pettee	Respond to of 19331

JJ- No question that this share dilution is key. In many small companies it becomes the biggest single problem, since once the shares are issued the dilution becomes a fact, and you are betting on the earnings increase to catch up, if you have purchased truly undervalued companies. " The share dilution is a concern and what one is banking on is that DCTC is buying businesses that are undervalued and/or can have a synergistic effect such that revenue and earnings growth outpace share dilution. This of course takes time to materialize as start-up costs will initially outpace revenues"