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


To: Art Vandelay who wrote (6370)6/25/1998 3:44:00 PM
From: Ed Pettee  Read Replies (2) | Respond to of 19331
 
We each make our own decisions based on what we feel from the information we have. It's always wise to remember that with a BB stock youhave a much higher degree of risk and should be able and willing to lose all your investment. A one stock portfolio is real risky play. See the following:(Not the same as DCTC but the principal is the same)
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Talk : $5 and Under : EDII

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To: +ColleenB (1179 )
From: +thomas oakley
Monday, Jun 15 1998 4:18PM ET
Reply # of 1921

well I'm back from work. Welcome to BB stocks for those of you who might be new to
this. I hate to draw parallels but this is looking an awful lot like GIFS(check out the
GIFS thread on SI)That was my first BB stock. They were being audited by bdo(never
happened)they were going to be listed on a normal exchange(maybe amex or nsdq sm
cap--never happened)They were buying a bunch of new companys(some oil and
gas...etc. etc.)really a bunch of worthless companys that they gave millions of
restricted(they can't hurt us can they?)shares too. Ceo would talk to anyone who
wanted to call him---giving out "secrets"
The only thing that did happen was the state of TN shut them down and the stock is
worth .00001 Basicly what we are doing here is gambling-----I always did like to
gamble---but you need to realize that that IS what we are doing. This is not to kevin or
jim or any of you reg. investors who really know what what you are doing. This is for
the people who don't coment on this board who are there reading these posts trying to
figure out what to do----yes you could make a lot of money on this stock(thats why we
are here)but you could also loose every penny. When you can look yourself(and your
wife/husband)in the eye and say I don't care if I loose every penny -----that is when you
should buy this stock--because when you invest in a company that won't tell you what is
going on you could be and probably are, throwing that money away. Read the GIFS
thread see how many people had to declare banckrupcy how many people lost their
entire life savings because they were betting on a sure thing(THERE IS NO SUCH
THING) If this is the only stock you own right now then shame on you.

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Quotes - News - Discussion - $5 and Under

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ENERGY DRILLING IND INC (OTC: EDII)
Time: 3:12PM
Last Trade
0.410

Change
+ 0.050 (+13.89%)

Bid
0.400
Ask
0.410

Volume
0310,5000

Prev.Close
0.360
Open
0.350

Day Range
0.350 - 0.440

Last Tick
0Up0

Avg.Volume
0684,9000

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To: Art Vandelay who wrote (6370)6/25/1998 3:45:00 PM
From: James Harold Alton  Read Replies (1) | Respond to of 19331
 
Art, For all practical purposes, all of my eggs are still in this basket as well. (G) If you try to apply logic to the way DCTC trades, it will only make you crazy, trust me. (G) If the selling we have been seeing was coming out of insiders or the company floating shares then I would have already been gone. The selling appears to be continued leakage of the Canadian shares, it's not a lot but it's insidious just due to the fact that there were so many involved in that deal. The question I always ask myself when we have a drop like this is "What is the very least I can imagine Joe selling DCI for if he had to do it today?" Over time the number I come up with keeps getting larger, while the stock price has stayed the same so it's become easier instead of harder for me to hold through the bad times. The Edge deal being done was the biggie that has almost allowed me to watch the price fluctuations of DCTC with a sense of detachment. Will Joe achieve his goal of selling us for $10/share? I think we have a good chance. Could he sell DCI today for multiples of our current share price? Undoubtably IMO, so here I stay and once again the little bit of diversity I have in one account is in serious jeporady..

James