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 : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?

To: Little Engine who wrote (4082)	2/25/1998 8:15:00 PM
From: dexx	Respond to of 27968

Little Engine, you are about to blow a rod! The better the news, the more upset you get. If the audited numbers are as good as we think, you may as well commit yourself to the asylum. Dexx

To: Little Engine who wrote (4082)	2/25/1998 10:01:00 PM
From: dennis foster	Read Replies (4) \| Respond to of 27968

Little Engine "By the way, Andrew, DCTC, a BB stock, announced a buyback, as well as a dividend, just over a month ago. They said they would repurchase up to $5 million of their stock. The stock has gone down since they announced it." Highlighs from DCTC quarterly earnings 3 mo. ending 12/31/97 reported 2/18/1997; Income (loss) 1997 1996 continuing operations (8245) 90019 net income (loss) (105810) 55246 net income (0.01) 0.01 per share (loss) weighted ave. shares 12,715,162 5,058,425 ---------------------------------------------------------- Date Close 1/21/98 2.0312 1/22/98 1/23/98 2.125 1/26/98 2.5 1/27/98 2.3125 1/28/98 2.2812 1/29/98 2.4687 1/30/98 2.4062 2/2/98 2.375 2/3/98 2.3125 2/4/98 2.2187 2/5/98 1.9375 2/6/98 2.1875 2/9/98 2.1875 2/10/98 2.125 2/11/98 2.0625 2/12/98 2.2187 2/13/98 2.125 2/17/98 2.125 2/18/98 2 2/19/98 2 2/20/98 1.906 2/23/98 1.875 2/24/98 1.9062 2/25/98 1.9375 DCTC reported stock buyback on 1/21/1998. DCTC reported 1997 earnings on 2/18/1998. Please take note of the closing price on 1/21/1998 ,BUYBACK DATE. Please take note of the closing price on 2/17/1998 one day prior to EARNINGS RELEASE. Why do you think the price is lower? Regards Dennis

To: Little Engine who wrote (4082)	2/25/1998 11:11:00 PM
From: Jane4IceCream	Read Replies (3) \| Respond to of 27968

Little Engine/Et al... I just back with my date from dinner and we are heading out to a movie soon, but heard that there was news on FAMH so here I am... The news is positive. I like it. However, just to throw some caution to the wind..... Not all share buybacks propel company shares to rise. Case in point is a stock I own called DCTC. About 3 weeks ago the CEO announced not only a 1 cent dividend (DCTC is a BB REPORTING stock), but also a buyback program consisting of "up to" 5 MILLION dollars of the company's money to do so. They even hired a Wall Street Brokerage to discreetly handle the buyback program. The SI thread went wild with euphoria (sp? Andrew?) over there that day. Unfortunately, since that announcement, the stock has retreated from $2.40 per share to $ 1.93 today at close, and needless to say the threadsters over at DCTC are now questioning that use of DCTC money! So....it could backfire. Just wanted everybody be alittle cautious here. I can cite (sp? Andrew?) other similar examples of BB stocks that announced buybacks that either didnt materialize or had no affect on share price. Have some candy Jane PS....Not only that, but the press release indicated UP TO 4mm shares. ONLY 4 mm shares.