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


To: James Harold Alton who wrote (7576)8/5/1998 11:09:00 PM
From: JOE MEDSKER  Respond to of 19331
 
JHA,
Thanks. The way the MM's have been acting they could and normally would have dropped the bid on the last 2 sells today but they didn't. I just think the log looks manufactured. Or maybe it looks strange only because both the bid and ask went up today. That's probably it. Why question prosperity. That's all for tonight

Best Regards



To: James Harold Alton who wrote (7576)8/6/1998 11:36:00 AM
From: Lee Bush  Read Replies (1) | Respond to of 19331
 
James: Thank you for your hard work on this share mystery. I did receive an e-mail from CZ who offers the following information:

Approx. 6.9 MM CC options exercisable at .20.
Approx. 4MM have been exercised into shares to date (8/6)
Approx. 1.4MM shares sold to date over the last 10 months.

I assume the above figures would include one or more of the other three entities in the core group. If Wyteburg exercised 2.3MM, then that leaves 1.7 MM for Ontario, et. al. The 69K per month rate could account for something north of your 508K shares over that period, so it would appear that Wyteburg is not the only entity converting and selling the shares, if we can rely on his figures.

Lee



To: James Harold Alton who wrote (7576)8/7/1998 2:07:00 PM
From: AKAPAK  Respond to of 19331
 
JHA - Looks like another "MM Burn" for a market sell today at 1 11/16 when the bid was higher. Slow day today for DCTC, drifting around.

Friday is always good news only, so I'll report that no real selling going on today.

Have a good weekend everybody.