Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Juli who wrote (7715)	8/11/1998 4:23:00 PM
From: LT	Read Replies (1) \| Respond to of 19331

Juli, The problem with looking for flaws is that they are talking about currencies, commodities and large cap stocks. With OTC-BB stocks, you can find flaws until the world ends and that is all that ever winds up getting discussed. Jimmy and George also do their discussions in private and not over a public medium such as the internet. They darn sure don't run around beating up their selections in public. In fact, Jimmy is world famous for being short an issue and hammering on in incessantly over CNBC, NBR and any other medium that will listen to him talk. Investors in OTC stocks must realize that their access to information is greater than with DJIA stocks but with that comes the fact that the information isn't always fully disclosed because IT CAN'T BE. There are thousands of rules and regulations about what can and can't be said. For example......if DCI had fully disclosed where the conv pref's were financed, the amounts and dates of the conversions and the intent of the financiers, they would have been open to suit. If you had known all those facts beforehand, what would you have done with that information? Traded out before the conversion had a chance to hit the market? No kidding......the problem is that you would have been in violation of insider trading laws and would have put the company at jeopardy. This isn't Eden and the world of BB stocks is a snakepit. You want to attract new money by discussing all the flaws with DCTC? The only stocks on the OTC-BB that attract new internet investors are stocks with the latest and greatest story. DCTC isn't a new stock to the internet so that just isn't going to happen at present. We have a much better chance of getting new money into this issue by closing the deals on the table and getting some large financing. If that happens and the overhead is gone, this stock will move. Until then, nada. The nice thing is that we don't know when all this will happen so many of us stay invested. Lou