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


To: James Harold Alton who wrote (6473)6/30/1998 5:21:00 PM
From: JOE MEDSKER  Respond to of 19331
 
<<<<I recall discussion on the BB quite while back that the Zwebners would be getting some shares in June, but that they would be restricted. Coincidence? >>>>

JHA

When it comes to the (Z's) there is no coincidence. I would not put it past them to try to sell restricted shares. I think we went through this earlier in the year. As I said earlier, hold your buys so as not to reward our nemesis.

Best Regards



To: James Harold Alton who wrote (6473)6/30/1998 5:30:00 PM
From: Laserbones  Respond to of 19331
 
James: I have two very different approaches to stock investing. I let my short term trading carry all the anxiety and emotional ups and downs. For my long term holds (DCTC for example) I do not watch the tape minute by minute. I fully expect DCTC to be trading in the 3s and 4s before the year is done. That is my target and I will accumulate at any opportunity. Personally I would love to pick up shares @ 1.

Stock is not trading down on any negative change in fundamentals that I am aware of. Stock has lost 25% of its value the last two weeks while the company has moved in a decidedly positive direction.

MMs are obligated to keep liquidity in the stock--even when sellers make dumps at lower and lower asks trades must take place. If someone feels they are smarter then me and wants to dump in the low 1s, I will be more than happy to exercise my stupidity and place a buy. <G>

Only other point I can make is that sellers (and buyers) are often wrong.

Greg