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


To: JOE MEDSKER who wrote (6425)6/28/1998 12:51:00 AM
From: James Harold Alton  Respond to of 19331
 
Joe, "As Joe told me yesterday, one of the highlites of his life will be when the CardCallers realize they screwed up by not staying with DCI."

No kidding. (G) When this group started selling, our stock was above $4 and our company was probably only worth about 1/2 of what it is today per share. You just cannot unleash millions of shares into a thinly (our volumes are much better these days) traded stock without crushing it and that is what happened. I do not blame Joe for making the CC deal, it brought DCI a lot of value and the deal was supposed to be structured so that most of the shares issued would not be sold into the float, but as you say some of those holders were impatient and have found ways, legal and otherwise to sell their shares. We are very fortunate that Joe Murphy has been able to grow our company and add an incredible amount of value with stock that was so undervalued. I would just like to see what the man could do with $5-6 stock someday..now that would be just awe inspiring I think. (G)

I feel that the drop below $2 is temporary and will pass. I don't know what the bottom of this dip will be, we will just have to see. I can't imagine being unhappy owning shares at $1.81 6 months from now however so that's good enough to bring me to the table. (G)

James



To: JOE MEDSKER who wrote (6425)6/28/1998 7:51:00 AM
From: Marvin Mansky  Respond to of 19331
 
Doesn't a larger float benefit us when we get to a place where institutional investors want to come in? IMO a big issue for institutional investors is that a company must have enough liquidity so buying and selling in quantity doesn't affect the stock price too dramatically while a position is being built or sold.

Any other opinions on this?

Marvin