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


To: JOE MEDSKER who wrote (9092)10/7/1998 6:07:00 PM
From: Bruce Galpeer  Respond to of 19331
 
Thanks Joe,
I find that to be a very interesting comment indeed from Joe Murphy. Lets just sit back and see what happens.
Bruce



To: JOE MEDSKER who wrote (9092)10/8/1998 2:04:00 AM
From: Parker Benchley  Respond to of 19331
 
Joe,

That's good news. I really wouldn't like to have Joe Murphy mad enough at me to make a point of it...Oy!

This market maker action is like being drunk and walking around inside a Dali painting. I hope these drooping landscapes start to straighten out soon. Thanks again for your help Joe.

Onward,

George



To: JOE MEDSKER who wrote (9092)10/8/1998 4:52:00 PM
From: LT  Respond to of 19331
 
Hi Joe,

You know I've been an advocate for some time that there is a rather large short position out there but I don't talk about it because it looks like excuse making. I'm making NO excuses but will state my opinion......there has been a proliferation of shares hit the street in the past 15 months so the mm's have been able to short at will with a continual ability to cover. I think we have a substantial short position now as between the market conditions and the potential share dilution of the Series F(which I do not feel will come to market) to allow the mm's to be short. There has also been an overhead of individual selling which the mm's have used to circulate a short position in which they can lower the price, cover on any panic they create or go get shares to cover if there isn't enough retail selling. I think that is what we've seen for the past 90 days so that is that. DCTC is NOT the only company currently with a stock price in the toilet nor are they the only one that is currently being shorted. The entire market is splasho right now and DCTC is running with that pack as well so........

Take care......I'm still long.......this company is growing and with the ramping up the growth rate will be even more staggering. The companies that are solid will survive this debacle and the companies that don't have goodest fundo's will get slain......we'll survive...

Lou