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


To: Eric G. Erpenbeck who wrote (9990)10/30/1998 11:53:00 AM
From: Steven R. Bergman  Read Replies (2) | Respond to of 19331
 
All,

I would appreciate your opinions regarding the meaning of the phrase "liquidity crunch" in the just-issued press release.

I've pasted the full text of the paragraph in which it appeared below.

"DCI also announced it was terminating its definitive agreement to acquire
Locus Corporation. This conclusion was a result of several factors. The
signing of three major distribution contracts, subsequent to the signing of
the definitive agreement with Locus, significantly increased DCIs, value and
to a lesser degree, the liquidity crunch that presently exists, makes this
less than the ideal time to proceed with the transaction."

Tia,

Steve Bergman