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

To: De Peepster who wrote (12087)	12/4/1998 1:48:00 PM
From: Colin Cody	Read Replies (2) \| Respond to of 19331

Barbara, What are you saying here that some should and MUST sell their shares in order to allow the MMs to make $?? That is insulting at best Insulting? To whom? The MMs? You? Bill France? Fact is, it is the way it works in this world. MMs are not there as investors. Not there as speculators. They ARE there as businessmen to create and maintain an orderly market in hundreds or thousands of stocks, to make an operating profit ("the spread") in those stocks. A NITE Securities does not maintain 3,000 speculation accounts to play all their NASD issues. NITE makes markets and makes a good living off the spreads. Not an insult. Just business. Just like Macy's Dept Stores buys and sells and makes in effect "the spread", so does NITE and the other MMs. MM make $ regardless of a stock price else they could never stay in business. Exactly! What's your point? You seem to be agreeing with me now. They don't make money selling/shorting low and covering higher, not in my understanding of business anyway (g) Perhaps you should sell as promised months ago, for the greater benefit of us all. I don't know how calling for a "sell" on DCI would benefit "us all". My "buy" has profited many. My sell, wouldn't necessarily benefit anyone (unless of course I said to "sell" at what turned out to be the top). But more to the point, my statement that I would sell was NOT a call for a top. Rather it was IF (which I don't believe we will see) the stock was to trade solely on the Old AMEX exchange that I would most likely sell off my position. This was not a statement that IMO, once on the Old AMEX the stock would drop or even stay flat. But it is a moot point: #1 we are not now on the Old AMEX exchange, last I looked. #2 we ain't going to be on the Old AMEX exchange, IMO. Colin