SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: Ken Salaets who wrote (12297)12/7/1998 4:11:00 PM
From: Grupo Brad  Respond to of 19331
 
Dear Investor to Investor readers:

I just picked up this information from the IXC COMMUNICATIONS INC (IIXC)
Quarterly Report (SEC form 10-Q):

Net operating revenue for the third quarter of 1998 increased by 35.4% over
the third quarter of 1997 due in part to a $23.6 million increase in private
line revenue. The private line increase reflected the impact of the Company's
larger network and associated capacity available for lease in 1998. A
significant portion of this improvement was from a large capacity contract
with one Internet Service Provider ("ISP"). Net operating revenue in the third
quarter of 1998 was also affected by a $15.9 million increase in switched long
distance revenue due mainly to a 21.9% increase in wholesale billable minutes
of use ("MOU"). A major portion of this increase was due to services provided
to a debit card provider during the third quarter. The debit card provider has
been a customer for switched long distance services for several years and
became a significant customer in the third quarter due to the success of its
sale of debit cards. In November 1998, the Company resolved certain billing
and payment disputes with the customer and such resolution is expected to
result in further significant increases in this customer's MOUs. In light of
the dramatic increase in MOUs from this customer, the Company agreed (i) to
credit certain of the customer's third quarter billings (which amount was
adequately reserved at September 30, 1998) primarily to reflect reduced rates
for increased volume; (ii) to decrease its current billing rates to reflect
the customer's continuing increase in MOUs and (iii) to accept a secured note
for approximately $16 million payable at the rate of $250,000 per week for
prior services.

My comments follow:

IXC had a secured note for $16 million from the debit card company and
resolved the billing and payment disputes with the company in November 1998.

This looks like DCTC is paying for the right to collect 1/4 of a million
dollars a week from the secured note, and gets to use the IXC infrastructure
in Europe.

>From today's news release, "DCI's taking management control of a significant
customer of IXC which has defaulted in payments to IXC, and a 5-year
commitment by DCI to utilize significant domestic and international
telecommunications services from IXC."

If this is what it looks like, this is monumental. It looks like DCTC is
exchanging $16 million dollars of stock for a weekly cash infusion from the
debit card customer, which will allow IXC to write off the transaction, and
DCTC will take control of managing the 1/4 million a week. Looks like we have
something more here than meets the eye.

Kathy Knight-McConnell
Investor to Investor
imall.com

Disclaimer: Knight-McConnell Information Retrieval Service and Investor to
Investor Newsletter is not nor does it claim to be a licensed stock broker,
analyst or financial advisor. This service and newsletter has been set up
strictly to provide research information. I and my research helpers take no
responsibility for decisions made by individual investors based upon
information provided. All research is provided for informational purposes
only. I will not write about stocks that I have not purchased in the open
market as an investor, like you, and I refuse to take any money, stock or any
other incentives from any company whatsoever in return for writing about the
company or it's stock. If in the course of my contact with said company(s) I
should be instrumental in providing Internet consultation services or making
introductions to other parties who may be in a position to help said companies
and it is totally unrelated to my writing about said company(s), it is not
beyond the realm of possibility that payment for those particular services
might be received. In that event I will make full disclosure. I may on
occasion trade shares of stock that I have purchased and am under no
obligation to announce all of those trades. However, if I should sell a
position due to adverse conditions, I will so inform my readers of that
adverse condition so that they may make their own evaluations in that regard.
Investor to Investor is a subscription based newsletter. All subscription
fees are nominal and cover the costs of research and time spent compiling
information on publicly traded companies. The first issue is always free to
new subscribers.

NOTE:

1) I am in receipt of a certificate for 24,500 restricted (and as yet
unregistered) shares of NPCT stock as payment for an "introductory fee" to
certain parties in Switzerland.

2) I have recently been retained by DCH Technologies, Inc. to write their
press releases on a per release payment schedule. No shares have been offered
or received.




To: Ken Salaets who wrote (12297)12/7/1998 4:12:00 PM
From: WISDOM MILES  Read Replies (2) | Respond to of 19331
 
TO ALL!
our 50,000buy order at $3 1/16 still open at close. no single share filled. we will try tomorow also

Stronger than ever. GO DCTC!



To: Ken Salaets who wrote (12297)12/7/1998 9:20:00 PM
From: Ken Salaets  Respond to of 19331
 
Earlier today I posted the following reply to a message of Dorine's:

>> Then again, it could have been "Watch My Fingers" himself. ggg. eom.

With apologies to Ernie (ggg), I would like to share the threatening missive that I received in return:

To: Ken Salaets
From: MICHAEL J ZWEBNER
Monday, Dec 7 1998 7:43PM ET

KEN
I DO NOT APPRECIATE YOUR MALICIOUS COMMENTS.
I DO NOT HAVE A PROBLEM WITH YOU FROM THE PAST, AND
SUGGEST YOU KEEP OUR "NON ASSOCIATION" THAT WAY.
cERTAIN PERSONS ON THE NET WHO HAVE MALICIOUSLY
BOMBARDED ME WITH ATTACKS AND FALSE LIES AND INNUENDOES
ARE SHORTLY GOING TO GET THEIR DESERVED RESPONSE.
I HAVE FOUGHT FOR SURVIVAL FROM POLIO ALL MY LIFE, AND DO
NOT TAKE KINDLY TO BEING FALSELY ACCUSED OF
WRONGDOING...FROM ANYONE..
I STAND TALL FOR MY RIGHTS.
I SUGGEST YOU KEEP OFF ME, I HAVE DONE NOTHING TO OFFEND
YOU OR ANYONE ELSE. IF YOU ARE LOOKING FOR A SCAPEGOAT
FOR DCI'S PROBLEMS, GO LOOK ELSEWHERE.!
MICHAEL ZWEBNER

Dearest Michael, forgive me, but I was not addressing you nor speaking to you, but since you have chosen to grace my account with threats, I now feel free to exercise MY right of free speech. ggg. Guess I'm not too surprised that you monitor this thread, or perhaps others do it for you? From my perspective, you DID offend me, my family, my friends, and every other shareholder of DCI, by your SI posts earlier this year.

In my opinion, when someone attempts to harm my investment of my hard earned dollars, that borders on malicious mischief. I did nothing to deserve to be treated that way. Well, okay, maybe I did deserve to be victimized, in that I accepted at face value pronouncements of mutual support and kinship. Watch my fingers indeed!

We have a saying in the U.S.: if the shoe fits, wear it.

Sincerely,

Ken

P.S. I am not looking for a scapegoat for DCI. Only those who fail need search elsewhere for a place to lay blame. Joe Murphy has never let me down.