To: BANCHEE who wrote (9828 ) 10/27/1998 11:27:00 PM From: James Harold Alton Read Replies (1) | Respond to of 19331
Banchee, Welcome to the DCI SI thread. You will find that there are quite a few DCI investors here that have been with DCI for years and some that were there at the beginning. The reason the investors have stayed IMO is because DCI management has done it's best to treat it's shareholders fairly and to keep us informed to the best of their ability, plus the fact that they have shown steady progress. Currently DCI is in a "quiet period", so information flow is somewhat subdued as compared to normal. As a new investor, perhaps one of the most important things to understand about DCI is the overall game plan, which has been essentially unchanged since inception. The goal has been to expand through M/A through careful use of equity, to grow the company past 100 million in revenues, at which time the company would be for sale,and the proceeds of this sale going to DCI shareholders. If you take some time to research the SEC filings (all up to date and timely) you will find that the DCI management team is not paid all that well, like ourselves they are in this for the reward that will come when they sell their shares, so we have a common goal. If you also take some time to examine the filings, I believe that you will find that DCI has increased revenues essentially every quarter in the last several years, and has grown especially rapidly in the past year. Year: Net Sales: 1995 110,000 1996 $1,298,00 1997 $8,117,00 First quarter 1998: 6.1 million (24.4 million annualized) Recently DCI announced a new 48 million $ contract with Edge, and two very large contracts with the Time World Com joint venture. It appears that DCI could soon meet it's goal of reaching 100 million in revenues, which is a major milestone and cause for celebration by DCI shareholders that understand the significance. Personally I think that you may have picked a quite good time to come aboard. James