Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Pr-Ac Man who wrote (3025)	2/24/1998 10:22:00 PM
From: steve phil	Respond to of 19331

I might add that the shares will be available at a much higher price. :) Steve

To: Pr-Ac Man who wrote (3025)	2/24/1998 10:40:00 PM
From: JOE MEDSKER	Respond to of 19331

PAC, I for one have never been against the buyback. Your points are well taken. DCI is an M&A company which issues shares of stock to complete the deals. If they have the cash to repurchase undervalued shares at $1.90 and later on issue shares worth $3.00-4.00 to make an acquisition then IMO they did good. In the end we will all be better off with fewer shares outstanding. Best Regards

To: Pr-Ac Man who wrote (3025)	2/25/1998 9:40:00 PM
From: ernie de la fuente	Read Replies (2) \| Respond to of 19331

My take is that IF it is a fact that there is a big seller who is determined to sell no matter what, then let the shares come out and THEN buyback. I don't understand why we would buyback shares when previous to that decision we knew there was a seller. That basically says to the seller, keep selling and we will keep the price high for you. This "seller" has sure been persistant in the selling pattern so I believe the selling would continue without the buyback even though the shareprice would continue to plunge. Also, if we plan to use the bought back shares for M & A, we have more buying power with cash than we do with shares any day. According to my watching of the tape as posted by some of you guys(thanks grupo!!), this "seller" has been with us a long time and always sells when "waves", "news" and other rumors of strength leak here. That is VERY PRUDENT on the seller's part as it guarentees buyers will be lined up for the shares. No offense to mgt meant here(I know I will get flamed but I am use to it), I like the fact that Joe M posts here and answers questions as it shows genuine concern for his shareholders but WE CAN DO WITHOUT PRE-RELEASES and innuendos about good stuff coming as it basically announces another selling opportunity. Announce news through PR releases only! The seller will never be able to predict ahead of time when to sell and will have to try to sell after news hits(narrows down the buying days). I am sure the likes of Colin can give a much more detailed "accountant's view" of some downsides of the buyback. I beleive he referred to it as "mgt's folly" in my memory serves me in my old age here. Good luck all.