SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: James Harold Alton who wrote (5215)4/23/1998 1:57:00 PM
From: Bruce Galpeer  Read Replies (2) | Respond to of 19331
 
James,
Well it looks as if DCI has gone and done it again. Another dividend at an unexpected time. With the cash they are holding back for acquisitions and such they put another 140k out into shareholders hands. Being this is a quarterly dividend that means that its probably funded out for a year. That would mean locking up a half million or more to fund it. I would have to figure that DCI is doing pretty well in the cash dept. based on this. I continue to like what I see. This company is moving forward regardless of stock price. It is just a matter of time until the stock starts to catch up to the company.

LONG AND STRONG!!! GO DCTC!!!!

Bruce



To: James Harold Alton who wrote (5215)4/23/1998 2:09:00 PM
From: Pr-Ac Man  Read Replies (4) | Respond to of 19331
 
James:

How do we know that there is no naked shorting? It is my understanding that Canadian brokers can legally short this stock, and it seems that it has been implied that American brokers can short this stock illegally if they play their hand right (I seem to recall statements regarding that). And it seems to me that MM's routinely short stock.

We have been having this conversation for months now. Is this selling from Canada? Are MM's shorting us? Are Canadian brokers shorting us? Is there illegal shorting going on? Etc. And time and time again we have reached a point where we thought the selling, shorting, whatever was resolved only to find ourselves right back where we started.

My question is simple and straightforward. Is there some reason why we shouldn't take possession of our certificates? If there is no naked shorting going on, then this may help us to clarify that. If there is naked shorting going on, then this may be our most effective means to attack it.

Obviously, there is no point in doing this (taking possession of certificates) unless we can make some kind of a concerted effort among long-term holders. But I do think that whatever is keeping the lid on us is hurting this company (and, ultimately, the rewards to shareholders). It is costing DCI resources (time and money) to address these problems. It is certainly going to effect the leverage that we have in negotiations with prospective acquisitions. I think that Joe has made a wise move to bring the investment bankers on board, but this is, essentially, a compromise to help offset the low stock price. And it's not an equal tradeoff; it's going to cost us down the road.

Please jump in here everyone. I'd like to know what you are thinking.

PA