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

To: Motlink who wrote (12240)	12/7/1998 2:32:00 PM
From: Grantcw	Respond to of 19331

Motlink, I agree with you. There would be no reason to write off the receivable if it was exchanged for the shares. I also believe that writing off the receivable is not a tax benefit because tax accounting for receivables is different than financial accounting for receivables. I could be wrong though, as it has been 6 months since I took that CPA test. Grant

To: Motlink who wrote (12240)	12/7/1998 2:36:00 PM
From: Bruce Galpeer	Read Replies (1) \| Respond to of 19331

Tom, There is no confusion other than what people who have no idea what the press release is about are trying to make others think. Nowhere in any of the release's does it say anything about DCI giving shares for the bad debt. DCI is not being given the right to collect on anybodys bad debt. IXC is giving DCI a 5 year co-location and lease agreement to their entire network in exchange for a 13% stake in DCI and nothing more. This allows DCI to ramp-up at an even faster rate than they have had the ability to do until this point in time. Because IXC's hardware structure is already in place in most places, DCI just has to link in to get things going. There are no pieces missing that I see. LONG AND STRONG!!! GO DCTC!!!! Bruce