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


To: Stan Price who wrote (12176)12/7/1998 10:12:00 AM
From: James Harold Alton  Read Replies (1) | Respond to of 19331
 
Stan, I believe that the primary reasons for the long term shorting in DCTC from about Nov. 97 - Nov. 98 was:

1. The 7 million + CC shares being sold.

2. The 3 million $ worth of series F shares preferred.

The CC shares have essentially all been sold and the series F is being bought back. It appears to me that the long term reasons to short DCTC have been removed from the equation. I believe that the short term shorting we are seeing today is based on the technicals of our chart + the "sell on news" syndrome. I do not believe that this short will be around for long and that their efforts to depress our share price should be viewed for what it is, a buying opportunity.

James

James