To: JOE MEDSKER who wrote (3764 ) 3/22/1998 6:11:00 PM From: ernie de la fuente Read Replies (3) | Respond to of 19331
Yeah but purchasing them for .20 and selling them for $4.00 is better! Let's stop assuming these folks are ignorant and just accept they are selling. Mr. Murphy says he contacted some big sellers directly and explained the big picture to them. For us to keep saying these sellers are ignorant only further frustrates the point. I think attributing it to the shareholders being angry that their co(Cardcall sold out) and their not believing in the future of DCTC sounds more plausible as reason for the Cardcall selling. They are entitled to their opinions(whether they be well informed or not). I for one do not see the point in belaboring this any more. Each investor should decide why they are in and keep a close eye on those aspects. I am in because I trust Mr. Murphy and I like the Balance Sheet. Those aspects outweight my concerns of the lack of earnings from operations, the fact that we are a BB, and the fact that there is NOTHING going on to make the company known to the street. Newsletters to people who "sign in" on an obscure website is NOT publisizing the company in my mind. Look at it this way, if a person NEVER looked at SI, they would never see this thread, never see the website, never sign in on a page that says nothing as to why one should sign in. The investing community isn't going to take the time that JJ did to analyze the company when there seems to be no concrete plan on getting the word out. Without buyers, the best company in the world is valueless. Now the word is a difficult thing to describe. Obviously from my point of view, I would want to advertise the balance sheet BUT.. there are lots of great balance sheets out there. We need more and we can't say to the investment community that we like that Mr. Murphy posts here and that we trust him. WE know that has value and makes us feel good about our investments but Mr Investor with thousands of other options for investments wiil need more than that. If Mr. Murphy never implied(or said) that his goal was to sell the company for much more than the share value today, how many of you would still be invested here???? Mr. Investor does not care that Mr. Murphy says that. If you can see that, you can see why the street isn't interested..... YET!!!!!!! We need to be patient and let Mr. Murphy come up with more of those balance sheet type ingredients to get the street interested. In the meantime, we need to CREATE avenues for getting the word out when it is really ready to be spread. Those avenues are not good right now! My friends that spend hundreds of thousands of dollars in the market ask me how I came across DCTC. Well, I followed Grupo here and made my own decision to buy. Well, these guys have not "stumbled" across our little gem on their own and it is not reasonable to think they would have based on the publicity we have now. What the heck is our PR firm doing anyway??? Bottom line, if we are going to continue to make acqisitions with stock, we better make sure that the folks we are acquiring feel good that the stock has value and will have a market(BUYERS) in the future. That needs to come from publicity that must extend WAY past this thread. Can you imagine if someone here had a HUGE holding in this company and had a catastrophie requiring them to liquidate due to NEED of cash. Where would the buyers be????(gotta have buyers lined up or the price will get crushed by the MM's). THAT IS WHY THERE IS SELLING ON THE WAVES!!!!! It can't be Mr. Murphy buying them back forever. If we need to pay CNBC for some press, let's do it. If we need to grease some palms to get a Barron's article(gee that doesn't go on does it?), let's do it. Straightening out Yahoo and the website should be automatic, imperative items to fix immediately! Then we can work on the harder avenues of publicity. Wow, I have babbled enough but wanted to share some thoughts I hear from my investment buddies. vi