SI
SI
discoversearch

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: JOE MEDSKER who wrote (3707)3/21/1998 10:50:00 AM
From: Mark[ox5]  Read Replies (2) | Respond to of 19331
 
What intelligent person would think a 1 cent per share dividend would affect the price of DCI.

I didnt think a dividend would shoot up the price alone. But I think the intent was a dividend announcement by an OTC BB stock along with a buyback announcement plus new merger announcements was to bring up interest and therefore DEMAND for the stock. And it worked.. for a week or two.

I don't believe you will find any post from Joe Murphy stating he expected the price to go up on this announcement.

I certainly hope not! That would open himself up to possible legal actions if the prediction didnt come through. If I ever saw a CEO officially posting price predictions I would be out of that stock instantly.

Look, I believe in the potential of the stock and Joe M. That is why I am here. Those were not my points.. the bottom line is right now there is no demand for the stock. Its not a stock you can look at and go hmm EPS is xxx.. slap a PE on it of xxx.. its in a hot sector, its worth $XXX. So that dissuades people because it takes a lot of work to understand the stock and believe in it. So that hurts in a way in the demand side. Hard to "win over" new investors. As others have said, even his broker friends can't be won over. Seems a lot of buying has been old investors just adding to their positions at these "unbelievable prices". Its going to take a lot of new eyes to move this stock...

Just some comments.. yes the future looks bright.

Thanks for the response.
Mark