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


To: Bob Smith who wrote (6385)6/26/1998 12:02:00 PM
From: James Harold Alton  Read Replies (1) | Respond to of 19331
 
Bob, I doubt at this point that we will see $1.50 unless the CC shareholders have found a way around the 55K shares/month restriction. At this point I am betting that they are selling the July allotment a bit ahead of schedule and if so then a good portion of them should already be gone. If I am wrong and we do drop that low, then I'll be backing the truck up to get all that I can with you there buddy. (G)

James



To: Bob Smith who wrote (6385)6/26/1998 12:41:00 PM
From: JOE MEDSKER  Respond to of 19331
 
<<<<I desperately want to buy, but just don't know when--I have absolutely no idea how many shares are up there--anyone?>>>>

BS,
Keep a close watch on the trading log and the MM's. When you see them start to line up on the bid that would be a good sign they believe the selling is coming to an end. Right now we do have 3 of them on the bid which is more than usual but if the selling continues they will be gone. It would be best if the seller would go ahead and dump the rest of his shares as this would signal the "screaming buy" we are all waiting on. Besides, this slow water torture is driving us crazy. We have gone 30 minutes without a sell but the guy probably has just gone to lunch.