Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Parker Benchley who wrote (5236)	4/24/1998 5:13:00 AM
From: De Peepster	Read Replies (1) \| Respond to of 19331

Hi George, From the press release: " It is DCI's strong financial position that allows us to sustain such ambitious programs. We believe our shareholders deserve the opportunity to benefit from our growth". Not from the press release (re: teamwork): As each goose flaps its wings, it creates an "uplift" for the bird following. By flying in a V formation, the whole flock adds 71% more flying range than if each bird flew alone. ,,,,,,,,,,,,,,,De Peepster

To: Parker Benchley who wrote (5236)	4/24/1998 9:45:00 AM
From: James Harold Alton	Read Replies (3) \| Respond to of 19331

George, It sounds to me like this more than just a second dividend, it is a regular quarterly dividend, meaning we are now talking about .04/share/year, which actually gives DCTC an annual yield of somewhere around 3%, so this is more than just a gesture, especially if at some point the company were to increase or declare a special dividend. As I am sure that DCI would not be funding this if the cash were not available to do so, I take this as a statement of the ongoing financial strength of DCI. It's going to be a nice reward to DCI shareholders and since there is essentially no selling of company stock by company officers, this will be a nice bonus for those deserving people who are not that highly paid in the first place. One last issue that I am not completely clear on and maybe someone like bgtit or Bruce Galpeer could answer for us, it's my understanding that a dividend creates a "paper trail" that makes it easier to determine if there are any undeclared shorts. It is related to the fact that the company will pay the dividend based on the total outstanding shares and since shorts effectively increase that number, the shorters are suppose to be responsible for paying the dividend on those "extra" shares. James