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

To: Steven R. Bergman who wrote (9991)	10/30/1998 12:51:00 PM
From: WISDOM MILES	Read Replies (1) \| Respond to of 19331

It means DCI TELECOMMUNICATION is growing much faster than expected. for a company to GROW from 8million revenue last year to 100million revenue this year, we all know liquidity is important to the company that's why the company terminated the LOCUS deal so they could put 10million more dollars to internal growth. when a child grows, he needs big clothes; when DCTC grows, it need more liquidity. fortunately, DCTC will make money next qtr. with more than enough cash on hands and new cash will come from revenue, DCI TELECOMMUNICATION will grow very healthy! When DCTC starts positive earnings from revenue, we will not see DCTC at OTC BB.( smartalk has negative earning, stock SMTK now at$5 7/8 ) Stronger than ever. go DCTC!

To: Steven R. Bergman who wrote (9991)	10/30/1998 12:59:00 PM
From: James Harold Alton	Respond to of 19331

Steven, This phrase refers to the general market decline which made it more difficult for companies to get financing, especially the large amounts of financing that DCI would have liked to have gotten, since it could have helped speed up the growth of the company at that time. One purpose of this financing would have been to complete the Locus acquisition for all cash. DCI had the option available to complete that deal using a 1 year restricted 10 million $ convertible issue, but given the 7.5 million shares the deal was structured with + the convertible, it was wisely decided to not complete the deal using equity, as given the progress the company had made in revenue growth in other areas, that acquisition would have actually lowered our revenues per share. Besides the actual purchase of Locus using cash, there would have also have been a need for additional $$ to expand their switch base. This is the connection between "liquidity crunch" and deciding to not close Locus. James