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

To: rootman who wrote (9049)	10/6/1998 1:23:00 PM
From: JOE MEDSKER	Read Replies (2) \| Respond to of 19331

R, I finally finished going over all the numbers from the weekly position report and I was off on my earlier report concerning the number of shares sold out of Canada last week. The actual number of shares sold were 180,804 not 145,000 so that gets us down to 519,200 to go. We have made it through almost 6 million in the last 12 months so this last 519,200 should be a breeze, well maybe not a breeze but we will prevail. Best Regards

To: rootman who wrote (9049)	10/6/1998 9:18:00 PM
From: James Harold Alton	Respond to of 19331

RM, So you noticed also that NFSC was on the bid for part of the day too huh? He may not be looking to resell those shares, he might be using them to cover the shares he shorted to us buyers at higher levels. If he is actually covering, that would be a good sign. As to sells on the tape, you bet and we had even more yesterday and quite a few last week. I have not had much time to examine today's TL, but I recall that yesterday's looked like we had one large seller, since the sells were mostly grouped in large blocks time wise. These could be CC shares as well, they do not have to be sold through a MM. Are there day flippers in our stock? Perhaps, but I am not aware of any myself and if there are I don't see how they could be making $$ on this stock, it has been going mostly down and has not been volatile except for the one spike last week. I am not aware of long term DCI shareholders selling, and in fact most of the ones I talk to are buyers. If there are DCI shareholders selling, then perhaps it's actually better for all of us long term, since those weak hands might have been turning their shares at higher levels later on, which would hurt us more $$ wise. Personally I think that the lower we drop and the longer we are down, the more shares of this company will end up in the hands of long term shareholders that won't flip. This would be a good situation, since then when the stock turns around, the short termers would play a part in driving the stock upwards. Right now, it is very easy to buy shares, we are literally swiming in shares. Once the overhead is truly gone and the loose shares soaked up, we should be back to the old days of having to buy shares 500 at a time as the MM's walk us up 1/16 on each buy. Obviously the overhead is still with us, but it sounds like we are finally getting to the end of it. ( this info thanks to the efforts of Joe Medsker) This doesn't mean that we can't drop lower in the meantime, the price of our stock is going to be pegged to the lowest level that our seller is willing to take for his shares until he is gone. When he is truly gone, we should see the change. James