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


To: LT who wrote (6597)7/7/1998 6:51:00 PM
From: Mr. Cellophane Man  Read Replies (2) | Respond to of 19331
 
Lou,

Thanks for your inputs. I've attempted to address several of them below.

"I don't know where you are getting your buyback numbers but I think you are a bit short ... "

Frankly, I won't stand behind my buyback numbers because I don't know what's been spent. I remember after we were into the buyback about a month I was really surprised when it came out we'd picked up less than 500K shares (I think) and we were trying to buy them from CC people for $.70 (I was told) so my assumption at the time was that there was a lot of money left. Since that time I don't know what has happened since everything has gotten so convoluted with Muller, not knowing when the buyback was in effect, etc, etc.

"Personally, I'm not here for a buyback ... "

I'm not here for a buyback either but I'm also not in favor of our price unnecessarily tanking and, as a result, seeing an exodus. If we have some money to do it with, it makes sense to me to both get the shares back and to help hold the price.

"On the PR front, if I thought DCTC was going to be a corporate entity 2 years from now, ... "

I know people have different opinions on the necessity of PR and I happen to be "on the other side". I saw what bgtit was able to do by bringing in a few of his friends. I asked the Mad Hatter (your fishing buddy) how he found out about us and he tells me "through a friend". James and Brad and most everybody else twists their mothers-in-law's and barber's and check-out girl's and anybody else's arms they can grab to convince them to dig deeper into their pockets. The points: every time that happens we get new buyers who can help bolster the price (and mitigate having 37K "bombs" tank us) and, (2) the only way word gets out about us is via word of mouth. Aside from one paragraph on annual earnings in the WSJ and Barron's, the only other vehicle we have is SI. So, the only way other than word of mouth for people to find out about us is first to know about SI, then to stumble into the "Less Than $5 Stock" section, and, finally just maybe wandering onto our thread long enough to capture their interest (assuming they don't just see people railing at each other or talking about fishin -- sorry, had to get that in :-)). Even a lot of knowledgeable on-line investors don't use SI. If they rely on message boards at all, they may rely on totally different ones: Raging Bull or Yahoo or ....

But you get my point. If we want buyers -- whether we exist as a corporate entity for 2 months or two years, IMO we need people to know about us and for that to happen (short of word of mouth), we need PR. As for bad experiences with PR before, I'm certain what we got was only as good as what we paid for and if we only paid $4-$8K/month, that probably wouldn't do us much good working through a PR house. But I also don't think you have to pay an expensive PR firm. I'd be happy just seeing a one column wide 6 line ad in IBD or Barrons's or the WSJ that said "DCI Telecommunications, specializing in pre-paid yaddas, etc., etc., ... in top 100 hot stocks list 3 out of the past 5 months, revenues multiplying every 180 seconds (or whatever), KonLin pick, etc. etc. Call for Investors Kit (800) xxx-xxxx".

But, if we don't want buyers, IMO we have to live with the probability (not possibility) of going down further. To me this means we'll just have to keep gritting our teeth, hoping people don't bail, cursing every 37K sell, and waiting -- ever so patiently -- for the "big bang".

Dan



To: LT who wrote (6597)7/8/1998 12:23:00 AM
From: C  Read Replies (2) | Respond to of 19331
 
It appears that we have some here who are not happy with some of the decisions from HQ.
We need more PR......We need to buy back more shares......We need more statements......We need this......We need that......
It sounds to me like some of you should start up a small telecommunications company, take it public, and build it into a 100 million plus business. With all of the answers I'll bet your new company would be an instant success.
As for me, I'll take Mr. Murphy and his know-how any day. He is the reason almost everyone I know has invested in this company. He is the one working very hard everyday to take us to where we all want to be. He is the one who makes the final decisions and I am happy to let him do so. I feel very good knowing that he is running the show and I am more than willing to sit back and let him do his thing his way. In the end we will all be better off because of it.

C