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

To: Ed Pettee who wrote (7988)	8/26/1998 3:28:00 PM
From: DENNIS TULLY	Read Replies (2) \| Respond to of 19331

To: All on board The ask is now down to 1.375 This "HAS TO BE" a great pick up price... So I got 5k more. I hope I did the right thing?????? Good luck to all DCTC owners\|\|\|\|\|

To: Ed Pettee who wrote (7988)	8/26/1998 4:18:00 PM
From: James Harold Alton	Read Replies (1) \| Respond to of 19331

Ed, My entire family is in NC as well, so I know what you mean. 1. The typical delays I heard about were things such as hammering out the details of the agreement between DCI and other parties such as timing of some events or wording in the contract. As I pointed out they didn't sound significant but there was no further elaboration. My take with regards to Locus is that Joe has a number of different ways he can close that deal, with regards to financing etc. and is just taking some of the allotted time given to close that deal to determine the best way to go. 2. As I mentioned in an earlier post, I do not believe that our current share price has any real significance on closing Locus or TWC. As I understand the shares we are giving to Locus are guaranteed at $2.00 and fluctuations in our share price do not change the number of shares we have to give them. 3. A lower share price is negative for us when Convertible Preferred shares are converted since the conversion rate is tied to our stocks price. The 10 million Convertible Preferred that is one option Joe could use to close Locus, is as I understand not supposed to be convertible for a year, though we would have to see the contract. Even if the conversion turned out to be only 90 days, I just cannot imagine our share price not being much higher at that point, since I assume TWC and Locus would be aboard, greatly increasing our revenues per share and hence value. I would prefer to see debt financing used, and I believe Joe is trying to go this way but if we use the CP I think that it will work out just fine. Hope this helps. James

To: Ed Pettee who wrote (7988)	8/26/1998 4:36:00 PM
From: Norman Kinslow	Respond to of 19331

Ed, My thoughts and prayers are with you and your family. Brad and I are familiar with that area. I used to have a house in Wilmington and a condo at Carolina Beach. When "DCTC" hits it's stride I plan on buying another condo . Best of luck to every one on the coast.norm