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: Bruce Galpeer who wrote (5816)5/19/1998 9:25:00 AM
From: Don Ward  Read Replies (2) | Respond to of 19331
 
Nice!



To: Bruce Galpeer who wrote (5816)5/19/1998 10:02:00 AM
From: James Harold Alton  Read Replies (1) | Respond to of 19331
 
Bruce, Thanks for bringing this over, the LOI with Locus is great news. Hopefully the DD on this one will work out as it did with Edge and we can bring Locus aboard. What a potentially sweet sounding deal, 40 million in revenues for 25 million in stock and cash! That works out to less than $.63/dollar of revenues purchased. In one fell swoop, DCI could possibly about double it's revenues again..this is really happening quickly. There is little doubt left in my mind that Joe is going to reach his goal of the 100 million in revenues, given the financial backing and having DCTC stock that is becoming valuable enough to use in large acquisitions. Whether Locus becomes a part of that, we will have to see, but as with Payless which didn't work out, Joe has other options, I just see it as a matter of time now...

James



To: Bruce Galpeer who wrote (5816)5/19/1998 11:00:00 AM
From: Pr-Ac Man  Read Replies (3) | Respond to of 19331
 
Wow. I don't quite know how to interpret this one. If Joe can continue to make good acquisitions at this ratio, then this is the missing piece to the question I raised the other day about reconciling the math - that is, how are we going to reach $100 million without giving away the farm.

I do have a question, though. Why would a good, profitable company sell themselves off for a little more than half their annual revenues, when they are experiencing triple-digit growth? Obviously, they must believe that this union will be beneficial for them. But, it seems like they are giving themselves away for a song.

Please don't misinterpret my question as a slam.
If this all turns out to be as good as it sounds, then I will be as happy as a clam (a little poetic probing).

But, I genuinely don't understand how this could happen. Anybody have any insight? Thanks.

PA