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Microcap & Penny Stocks : Photonics Corp(PHOX BB)= DTC DATA TECH (DTEC BB) -- Ignore unavailable to you. Want to Upgrade?

To: Joel Green who wrote (69)	3/31/1998 9:17:00 PM
From: robert m evans	Respond to of 102

Joel, this stock is prime. It's parent company Phox only has approximately 4 1/2 mil shares outstanding. Your buy alone woud have no effect on it's price. Phox's price determines DTEC's price, thats why I was astonished that nobody purchased DTEC at .04 when essentially it was worth around twice that much. SEE MY POST CONCERNING DTEC AND PHOX STOCK RELATIONSHIP. THE MOST IMPORTANT ASPECT IS REMEMBERING THAT DTEC = PHOX You say you can't understand why anyone wouuld pay ,10 for the stock, well at a 1 to 7 ratio they essentially were investing into Phox's stock value which would have to selling around .70 at the time. Today it closed at .50 so somebody is out a little less then a third at this time. But if you read the 10q from phox you will discover that DTEC is the current and future money maker for the company. In addition Phox will be assuming DTEC's name after the merging of the stock is completed. That will lead to DTEC recieving the Press releases,etc. The real sleeper here is DTEC's entry into ADAPTEC's exclusive market which is worth $$$$$$ without even touching Adaptec's current dominant market share. DTEC is offering superior, less expensive Adaptec compatable products. It's products have cracked into retai chains including BEST BUYS. ITS LABOR FORCE IS LOCATED IN CHINA=low work hour costs, and they are already turning a profit by just offering the low end stuff for the moment, but, as pointed out in the 10q, this is going to expand rapidly into the higher, more profitable, product lines this year. Adaptec is really not,(nor should they be)concerned by the product lines. In fact they are most likely thrilled that DTEC is doing well using their protocol. It increases Adaptec's chances of becoming the recognized industry standard which will add more market share, etc. Dtec is perfectly situated to supply adaptec compatable, established (cloned) product lines which is a huge market already. In addition DTEC is promising to introduce new product lines this year which should dwarf the existing lines potential. Here is an interesting look a Phox's stock activity for the day. Notice the very low volume, but very SMALL SPREAD. IS THIS NORMAL? PHOX PHOTONICS CORP COM Price: 1/2 Bid: 15/32 Open: 1/2 Change: +1/16 Bid Size: 5,000 Prev. Close: 7/16 High: 1/2 Ask: 1/2 Low: 1/2 Ask size: 5,000 P/E Ratio: n/a Tick: Volume: 100 Exchange: OTCBB Trade Time: 10:47 AM ET 03/31/98

To: Joel Green who wrote (69)	3/31/1998 9:58:00 PM
From: robert m evans	Respond to of 102

SORRY. DTEC SHARES DO NOT EQUAL PHOX> 1 SHARE OF PHOX = approximately 7 SHARES of DTEC> so 7 X (DTEC's ask)= 1 share of PHOX. Applying this equation to last weeks rise in Phox's stock price, made DTEC a steal at .04. If anyone had purchased DTEC they would have realized an immediate profit of approximately %100 (at least on paper). The opening price of DTEC the following day eliminated the discrepancy, although some like FRED made out.