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

To: Colin Cody who wrote (11774)	11/29/1998 12:05:00 PM
From: Steven R. Bergman	Read Replies (1) \| Respond to of 19331

Colin, I'd like to thank you (and Joe Medsker -- again!) for responding to my question and for clarifying the (IRA related) issues so that I could understand the situation in its proper context. As has been said many times in this thread: super people, superb range of knowledge, good, long term perspective, and excellent attitudes, especially once one overlooks a little momentary fluff or dander. :o] Steve Bergman

To: Colin Cody who wrote (11774)	11/29/1998 1:02:00 PM
From: Spider Valdez	Respond to of 19331

colin you make a very good post but can i add one thing if ok with you. you are correct undeclared short is like stealing bank. but just like bank robbers they must commit more crimes to hide crime of robbing bank. when undeclared shortsellers are caught they will fight company with every lie & unsavory concoction a criminal mind can think of. they will stop at nothing in quest for halt. because halt is a terminal short. when naked shorts have back against wall everyone is target of shortsellers vegenance. you will see company principals drag through mud. you will see they have credit reports , college transcripts, judgements & other personal information of principals & shareholders. you will see calls by the hundreds to companys they do business with or negotiate with to spread vile attacks. you will see shortsellers go to reporters to write hatchet pieces on company. you will penny stock bashers wage cyber war on company & as last resort principals & shareholders will be threatened . i agree with you to read all you can & to be diligent. when the attacks start you will be ready. but it will tell us clearly shorts are under pressure to cover. i wish all this was not true but it is. spider

To: Colin Cody who wrote (11774)	11/29/1998 1:36:00 PM
From: Baldwin	Read Replies (1) \| Respond to of 19331

Colin, I've read your post three times. Please clarify the following: "The shares of DCI, specifically are NOT loanable shares, the fact that they are not in IRAs (which are never "loanable" to the public) notwithstanding. The reason DCTC is not loanable (to other parties) has to do with the fact that they MAY NOT be held in "Type 2" accounts, by law. The law says a stock traded on the OTC-BB MAY NOT be held in a "Type 2" account. This bothers many people. If the Company's shares were traded elsewhere they MAY VERY WELL BE "loanable" but if on the OTC-BB they simply are not loanable." Are you saying an IRA account is a "type 2" account? And, if so, that it cannot contain an OTC-BB stock such as DCTC? Perhaps I misunderstood the above, but a portion of my DCTC holdings has been in my IRA (separate acct w/broker) since I bought my first batch of DCTC shares. TIA, Baldwin