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: Grupo Brad who wrote (3202)	3/3/1998 1:46:00 PM
From: Bruce Galpeer	Read Replies (2) \| Respond to of 19331

News out... (PR NEWSWIRE) DJ: DCI Concludes Reorganization of European Operations DJ: DCI Concludes Reorganization of European Operations STRATFORD, Conn., March 3 /PRNewswire/ -- DCI Telecommunications, Inc. (OTC Bulletin Board: DCTC), an international supplier of telecommunications services, today announced it has completed the reorganization of its European subsidiary, DCI UK Limited. The management staff of DCI UK Ltd. has been strengthened with the appointment of John J. Adams as CEO and managing director and Robert Finn as its financial director. Mr. Adams also serves as corporate vice-president and chief marketing officer for DCI Telecommunications, Inc. Mr. Finn brings a strong financial background to the company, with extensive experience in the European telecommunications industry. Peter Jacques will continue to serve as general manager. His responsibilities include handling DCI UK's day to day marketing and expansion throughout Europe. DCI UK's calling card business is now distributing prepaid calling cards through vending machines throughout the United Kingdom. Some of the early contracts for the placement of vending machines have been with P&O Cross Channel Ferries and other transportation centers throughout the UK. The subsidiary also has secured vending machine locations at various tourist locations, including the Tower of London. Plans to expand this segment of the business include installing approximately 1,000 machines during the coming year. The completion of the reorganization comes at a time when DCI UK is rapidly expanding its telecommunications network through its existing operations in Denmark and Spain. In addition the subsidiary is in the process of installing a new "super switch" in London to provide a platform for the calling card business in Europe. This high capacity switch will also provide an international gateway for the anticipated expansion of long distance services into Sweden, Norway, Finland, Portugal, Luxembourg, Switzerland, France and Italy. Although the full effect of deregulation of the European telecommunications market has yet to be felt, DCI is positioning itself to become a major provider of both long distance services and prepaid calling cards throughout the European community. The company's low-cost fax over the Internet service also will be provided through their European operations. Long-range expansion plans call for the service area to grow throughout Europe. DCI Telecommunications is an international supplier of telephone services, including long distance service, prepaid cellular and Internet products. The company has an extensive distribution network throughout North America, Europe and the Far East and owns telephone switching facilities in Canada, the United Kingdom, Spain and Denmark. The company recently reported sales of $6.2 and $1.3 million in profit (or 13 cents per share) for the first nine months of fiscal 1998. Safe Harbor Statement under the Private Securities Litigation Act of 1995; The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the new uncertainty of future financial results, additional financing requirements, development of new products, regulatory approval processes, the impact of competitive products or pricing, unpredictability of patent protection, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission. /CONTACT: Craig K. Murphy, Director of Investor Relations of DCI Telecommunications, 203-380-0910, ext. 301, or dcitel@aol.com/ * end of story *

To: Grupo Brad who wrote (3202)	3/3/1998 10:09:00 PM
From: ernie de la fuente	Respond to of 19331

Grupo, My take would be that if you had a market order out there, at some point during the day, the mm's would HAVE to honor you 500 shares. I suspect(please correct me if I am wrong) that you had a limit as you said you were "chasing" the ask. It is tough to chase the ask with market orders<G>! Since I feel you had a buy limit in place and I know there were many OLD buy limits already lined up, your order was still waiting its turn to be filled. Once the MM's filled all or most of the orders in front of yours, they might have bumped up the ask. At that point they weren't required to fill yours at all! You mentioned you were chasing so I assume you reloaded and entered a limit at a higher price but again you were last in line on the new ask. You are by far a more seasoned investor than I but my one word of advice would be, put limits(buy or sell) in place and leave them there unless something comes about changing your view on your orders. I hope this helps. If anyones feels I blew it with my explanation, feel free to jump in. VI