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


To: Parker Benchley who wrote (6579)7/7/1998 2:38:00 PM
From: Juli  Read Replies (2) | Respond to of 19331
 
Does anyone know where we are with the Locus deal? Could this have anything to do with this price action?

Jewel



To: Parker Benchley who wrote (6579)7/7/1998 4:25:00 PM
From: James Harold Alton  Read Replies (3) | Respond to of 19331
 
Hi George, Per your post: "In spite of our esoteric optimism, DCI is not being taken seriously by the street as a
company about to blossom. "

You have certainly got this part right, the question to be answered is "why"? I would consider my DD with DCI to be pretty thorough and I can not offer a fundamental reason for this price action. I can offer some reasons I believe that our support is currently weak, but the seller is a mystery to me at this time. I think that the issue to focus on, is that so long as our lousy share price does not prevent Joe from completing his goals ( I believe it makes them more difficult, but not impossible from what I have learned) our current share price is just an aggravation to those of us holding till the end game. If you look at the TL I posted, the $1.35 trade for 37K shares was below the lowest bid we had today. Perhaps it was a market order and the MM's took advantage of that seller?

Onward my **SS, how about wishing for "upward" for a while? (G)

James



To: Parker Benchley who wrote (6579)7/7/1998 7:46:00 PM
From: JOE MEDSKER  Respond to of 19331
 
<<<<This type of manipulation is very blatant. Surely Joe Murphy has a statement?>>>>

I believe the MM's would object to the word manipulation, I think they would prefer to use the phrase "maintaining and orderly market". As far as Joe making a statement I can tell you for a fact he is more than perturbed. But, don't look for him to come on the board. With the negotiations going on at the home office it would be corporate suicide,

Best Regards