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

To: James Harold Alton who wrote (6436)	6/28/1998 11:58:00 AM
From: LT	Read Replies (4) \| Respond to of 19331

Hello James and Everyone, Well, the fishing trip is over and we had a goodest time. We caught 259 striped bass in 3 days of fishing. 104 of them were over 28 inches and the rest were all between 22 and 28 inches. It was totally amazing. As for the larger fish in the group, Ed caught a 25 and 14 lber. I caught a 19 and 17lber and Chris caught a 14 and 12lber. Too much fun at one time<GGGGGGGGGGG>. I went to DCI on Tuesday and Mr. Murphy was gracious enough to speak with me for a few hours during business. The new offices are really going to be nice. The layout is great and when all the furniture arrives, it will be one nice place to do business. As for the state of the company, everyone was busy working on the finalizing of the annual report and at the same time the beginning of the workings of the 1Q numbers. It was hectic as they all said this was their worst time of year by far with the double numbers needing to be put together. As for pending deals, the Global deal is off the burner for now as our DD unveiled problems with tax returns. Until DCI knows the EXACT tax liability of GTN, no deal. GTN was quite behind on their taxes and Mr. Murphy said there was no way we were going into that deal blind as to that liability. I totally agree. He said the Locus deal was proceeding well and if things worked out, we should see that progress in the next 2 weeks or so. DCI UK and Cyberfax are proceeding slower than hoped but they are proceeding. He said the problems with startup businesses are immense and that the hurdles are being addressed but patience is required. DCI is working on obtaining new software that will bring all divisions online from an accounting standpoint and that when that is done, he will be able to pull the P/L for any division up on his computer and it will be up to date as of the day's prior business. He is really looking forward to this because it gives him instant snapshots of business and problem hotspots. Now that Muller is totally owned by DCI, Mr. Murphy is looking forward to seeing what he can do as it is now the only division that is synergy short with the rest of the company. He did say that it was a profitable division and that it would be his price or no price so there was no hurry to do anything we didn't totally like. MY TAKE......I was impressed with Mr. Murphy and the new facilities. He has his hand on the pulse of the company and is working hard to make DCI the 100+ mil rev company we all want it to become. The M&A trail of growth is a difficult one and frought with many potholes and dead ends. Mr. Murphy remains undaunted by setbacks and continues to just pursue new deals to make this all happen. I've been in this stock 2+ years now and I will just continue to add to my position as I think Mr. Murphy is going to be able to achieve his goals of making this a 100+ million rev company. I don't do dates or price predictions so when all this will happen, I can't say, but I do know I've been adding to my position for 2 years and will continue to do so at every opportunity. I hope this is a help to some..... Lou