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


To: Ken Salaets who wrote (8935)9/30/1998 12:38:00 PM
From: steve phil  Read Replies (1) | Respond to of 19331
 
Ken were you able to purchase it below the then asking price?
Thanks
Steve



To: Ken Salaets who wrote (8935)9/30/1998 1:00:00 PM
From: James Harold Alton  Respond to of 19331
 
Ken, I would think it is safe to assume that the MM's still have shares, otherwise they probably would have moved us up quite a bit more. With all of the games those boys play, I don't think that we will know for 100% sure that the overhead is gone, until DCTC breaks out and holds at a much higher price for an extended period of time. The only problem with using that tactic for buying purposes is that you end up spending a lot more per share. I don't know how many shares the MM's have left and I am just guessing from the past months trading action and the fact that the series F had until recently been hanging over our heads in assuming that the MM's might be short. Today's trading action appears to support that theory, but only time will tell for sure. Note that NFSC has come up to the new bid and is sitting at .93 x .96. It will be interesting to see if he keeps moving off the ASK if the price continues up or steps on us again. To any long termers planning to buy, try to make those $$ go as far as possible by using limit orders and by trying not to drive the price up. And if you see a fast run up in our price, it's probably not a good idea to chase it as we have seen in the recent past that the MM's have just taken us back down again afterwards. Once the overhead is truly gone however, that should not happen.

James