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


To: David Bartkowski who wrote (3713)3/21/1998 12:58:00 PM
From: george eberting  Read Replies (4) | Respond to of 19331
 
Personally, I believe that Joe thought the dividend and buy-back, coupled with the announcement of acquisitions, would have a very beneficial impact on share price. When you use shares in lieu of cash to buy new companies, the higher the share price, the fewer shares required to do the deal. At current share prices, each new deal is going to cost us a lot more than we (and Joe) would prefer. That leads to dilution in a big way. (Yes, yes, I know. Joe does wonders when he negotiates a price, but you can only do so much with two dollar bills).

We continue to dance around the question: "Why are people selling at these levels when so many good things are coming down the pike?"
I don't think the answers thus far given are at all convincing. The people who are selling are "old eyes" so to speak. They already know a lot about DCTC. They aren't new, hard nosed brokers and analysts who have to be convinced through extensive research. The people who are selling already know the DCTC story. And yet, they continue to sell large amounts of stock.

Please don't give me the argument that everyone has different reasons for selling. Don't give me the argument that there are better opportunities elsewhere, because if half of what we believe is going to happen does happen, there are very few "better opportunities" elsewhere. Don't give me the argument that "the current sellers got their shares at much, much lower prices so they are just taking profits."

I have become convinced that something else is going on. We are being
manipulated by someone(s). Not by members of the DCTC team. But someone else. Did Joe see it coming? Is that why he started the buy back? To protect the value of his trading currency? (Not as a gesture to show how much different we are from all the other BBs out there). As a group, we think very highly of the DCTC team, but we aren't privy to all of the reasons they do what they do. Sometimes they probably act more DEFENSIVELY than OFFENSIVELY. Perhaps the buy back was started more as a defensive manouever than an offensive one.

How many times have we hit $2.00 only to be driven right back down? As has been said before, if it weren't for the buy back, we would be in deep doo doo. But Joe has to continue the buy back so the value of his acquisition currency doesn't become totally worthless.

Do my own dd? I'm trying, darn it. I guess I'm just not savvy enough to know where else to look for an answer to the plaguing question "Who is selling and why?"

If I sound a little wimpy this morning, it's probably because I'm feeling that way today. Sorry. Anyway, like others of you, DCTC is
by far the largest holding I've ever had and I'm still holding!!

George E.



To: David Bartkowski who wrote (3713)3/21/1998 1:00:00 PM
From: Sun Tan  Read Replies (1) | Respond to of 19331
 
My viewpoint on the demand for this stock being low (as reflected in the stock price), is that this is still a BB stock. Did we already conclude what it would take to get listed on the AMEX (or NASDAQ?) Is it just a matter of stock price and capitalization, or are we still required to report a few more profitable quarters? My feeling is that institutional investors look closely at fundamentals, and this stock is as solid as any other comparable stock. Good informative posts in the last 24 hours! - ST



To: David Bartkowski who wrote (3713)3/21/1998 1:52:00 PM
From: Mark[ox5]  Respond to of 19331
 
David,

I said "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." end of quote

You said : "I think you are wrong about the purpose of the buyback and dividend. It was not to try and boost the price of the stock, but to bring attention to the stock." end of quote

I dont think you read my post right.. but thats ok. I used the word "interest", and you used the word "attention". Not sure how Im wrong.. but we all have our opinions. Dont let the emotion of defending DCTC from any slighly harsh words get to you. Also what did you think bringing "attention" to the stock would do? Create new demand and new buying for the stock. Cmon be logical about it. Joe wants a higher price just like any of us. It has more benefit for him because he can use a higher stock price for future aquisitions. All I read for 2 weeks is how its going to increase price by a NUMBER of "long term" posters and "help aquisiting growth so we dont have to use as many shares to buy companies" Now when it doesnt work I here "well that wasnt really the purpose". Blah.

Its not Joe M's fault no one is noticing DCTC at this point, he is working like a dog building the company. I understand that. I still think that CNBC spot would be worth the $40K expenditure.

Later,
Mark