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


To: farrark. who wrote (3212)3/3/1998 8:41:00 PM
From: Bruce Galpeer  Read Replies (3) | Respond to of 19331
 
durwood,

I also believed that the waves would move the stock price to higher levels. I do not think that anyone anticipated the amount of selling that we had to endure and has kept the price down at these levels. Joe must do this buyback sanely to get the best deal possible for the dollar spent. This is not an excuse just fact.

(Example) DCI can announce that a deal has already been struck for the company to be sold to ABC Corp. for $13 a share. There are enough votes inhouse(officers) so that the deal never has to come to the stockholders for approval. We would know after the fact. What in essence this means is that the stock would literally close one day at whatever price and open the next time it trades within a dollar or 2 of the deal price. There would be no in between trading. Or the sellout could be structured so that the deal is done when its announced with DCI never trading again. With enough votes inhouse this could happen, then everyone outside would be locked out. This answer is not to try and hold your shares in place or anything like that. It is to show you what could happen if your timing is wrong and you are caught on the wrong side. Hope this helps.

LONG AND STRONG!!! GO DCTC!!!!

Bruce



To: farrark. who wrote (3212)3/3/1998 9:57:00 PM
From: Ken Salaets  Respond to of 19331
 
Durwood, glad Bruce responded. I deal with lawyers all day so that I don't have to bother understanding the legalities of life (or investing). As for selling or holding, you gotta do what's best for you. There are a lot of opportunities out there to be had, as we all know, and there are risks and opportunity costs associated with every investing decision. Unfortunately for me, I have a wife whose mission in life now seems to be to make sure I never forget the lost opportunities! :-(

Ken