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


To: Juli who wrote (3708)3/21/1998 10:54:00 AM
From: Mark[ox5]  Read Replies (1) | Respond to of 19331
 
Good points Juli.. I read what you said after I typed in my post. I agree 100% that the buying seems to be by the already established investors.. and it along with AGE is offsetting the "sellers". New eyes needed...

Mark



To: Juli who wrote (3708)3/21/1998 2:05:00 PM
From: James Harold Alton  Respond to of 19331
 
Juli, I don't think that your statement about the price not going up because it is not going up is silly and that there is an underlying reason for this that you alluded to in your post. I feel that because the price of DCTC has been beaten down to the levels we are at now and because this is a situation that we have had to live with for months that, that we have lost most of the short termers that like to play this stock. In addition I would think it likely that there are prospective long term investors that are holding out as you suggested, either because the relative company valuation/stock price is a concern to them (why has the stock been so low for so long when the company valuation appears much higher ??) or because as you suggested they are trying to avoid moving into a stock that appears to be stuck in a trading range. (which we obviously are at the moment) Ironically I think that the key to getting DCTC out of this rut through new buying will be to have some significant price appreciation. Once the price/valuation ratio looks more reasonable and investors see DCTC moving, I think that we will have a lot of new interest in DCTC. Some will be the short termers coming back but I really don't mind this since it seems that a certain % of that group eventually establish a long term position once they understand DCI. It appears to me that we have had several waves of new investors moving into DCTC over the last few months resulting in strong volume spikes that potentially could have lifted us out of this rut, but the sellers so far have kept the lid on us close to the $2 range. When will we break out for real? Gee, I sure wish I knew the answer that that question. :) I do know that I currently have no interest in moving out of DCTC to try and play another stock right now because I believe that when we do finally break out, it's likely to happen quick and I want to be there. :)

James