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


To: Juli who wrote (7650)8/9/1998 8:55:00 PM
From: Charles Zwebner  Read Replies (1) | Respond to of 19331
 

Juli, and others posted today.

I tend to agree with you that it is time to move on and the future of DCI could be very bright indeed. The LOCUS and TIMEworld deals would really put DCI on the map and create some increased revenues, cost efficiencies and synergies that it needs. I look forward just like all other shareholders, including CC shareholders, to increased value in the stock.

However, let us not forget that this company is being managed by a team of persons that have to account to the shareholders. It is only through the SEC filings and annual reports that you will get real information. The right questions have to be asked of management so that they are constantly aware of an intelligent eye watching over them. Only in this way, and provided that wise business decisions are made and that management is continuously ethical in its conduct, will you potentially see the value of your investment increase.

As I mentioned before, I will only be asking relevant questions and not providing opinions, for example, the current value of our stock. Each person must continue to make his/her investment decisions based on accurate information provided.

Charles



To: Juli who wrote (7650)8/9/1998 9:16:00 PM
From: James Harold Alton  Respond to of 19331
 
Jewel, Your right, there was a date error in my post, this is a snip of the error:

It has been pointed out that ALL of the C, D and most of the E shares were sold prior
to Nov. 1, 1997, leaving about 368K of the series E converted shares to be sold from
Nov. 1, 1997 to the present time. So this means:

As you pointed out the remaining 368K shares of series E would have been sold after April 1, 1998, not Nov. 1, 1997 per my post, sorry for any confusion.

Charles has indicated that he thought about 1.4 million of the CC shares have been sold to date. This is not a number I can verify of course. Given that the entire CC deal involved around 8.3 million shares if all warrants and options were exercised, that group as a whole would still hold a huge amount of our stock. When our stock dropped almost $1 a share here recently, that would equate to the CC group dropping about 7 million $. I would assume that since Charles was the president of CC, that there must be a lot of people looking to him for advice on how to handle their DCTC holdings, which to me equates to a lot of responsibility that I would not want on my shoulders. It would make sense to me that Charles and the CC group would want DCI to prosper as Charles indicated in his post with all that is riding on the outcome.

James