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

To: Motlink who wrote (12206)	12/7/1998 11:25:00 AM
From: Lucky	Read Replies (1) \| Respond to of 19331

>n what way did DCI hand over 16 million? DCI handed over nothing but 4.25 million share, maybe!!!!< Well if you think DCTC shares are worthless then you are correct in assuming DCTC didn't give up anything for this deal.

To: Motlink who wrote (12206)	12/7/1998 12:36:00 PM
From: Dr. Moze	Read Replies (4) \| Respond to of 19331

4.25M shares comes out of the shareholders' equity. It dilutes the current shareholder value, and thus the stock value, by 13% off the top. If DCI can't collect at least $16M of the defaulted debt that they effectively "assumed," then they are in the red on this deal. If IXC thought the debt was collectable, then they wouldn't have "sold" it to DCI at a discount. That makes no business sense. If that's what it takes for DCI to get in bed with IXC, then they are at a minimum paying a price for it.....