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

To: ernie de la fuente who wrote (4578)	4/7/1998 1:53:00 AM
From: Colin Cody	Read Replies (2) \| Respond to of 19331

vi, I believe that today was: More BARGAIN HUNTING by DCTC loyals, MOMENTUM players who saw the change in trend the past couple days, People getting on board after reading recent NEWS RELEASES and The higher than normal VOLUME was due to short-covering of some of the estimated 600,000 undeclared shares shorted out of Canada. I believe that the short's got $2 or less recently, and they have been attempting (successfully) in bringing down the stock price to where they might consider covering. It seems they were not able to control the price (down) and to mitigate potential losses, they needed to start covering along with the increase of buying coming into the stock. Colin

To: ernie de la fuente who wrote (4578)	4/7/1998 2:39:00 AM
From: Mr. Cellophane Man	Read Replies (1) \| Respond to of 19331

Ernie, Even if no one else buys it, I think you might be onto something. I've been following the KonLin "Picks of the Month" and the other stocks they've recommended since they picked DCI last September. Frankly, none have done too well and I think they all appear to be seriously undervalued. Today, however, showed the following results (for the Picks of the Month): 6 up, 1 down, and 2 unchanged. Of the ones that were up, it was probably by at least 5%. The one that was down was only by 1/32. If this is any indicator, we might be seeing the beginning of a long awaited rotation. Although the Russell and other small-cap indicators have been reaching new highs, I don't think that's carried over into lots of undervalued Penny/BB stocks. I'd appreciate hearing other opinions on this. Dan