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

To: Bruce Galpeer who wrote (4642)	4/9/1998 10:31:00 AM
From: george eberting	Read Replies (2) \| Respond to of 19331

<<<Maybe if Joe can sell it out from under him with the short in place, that would be a lesson that he would not soon forget.>>> Not necessarily. If CC people are selling shares they have not yet received, but eventually will, they won't have to buy on the open market to cover their short positions. But I don't understand what happens to them if DCI is sold BEFORE they can exercise their options to cover their shorts. Are those unexercised options forever dead? Would they then have to go into the open market to buy shares to cover, or..........??? George E.