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


To: Charles Gray who wrote (12819)12/15/1998 7:41:00 PM
From: James Harold Alton  Read Replies (1) | Respond to of 19331
 
Charlie, You did better than me, I bought some at $3.25 on Friday. (GG) It appears at the moment that DCTC has found some pretty good support around the $3 level. We are sort of between news at the moment, and with the low volume we can expect to see some additional volatility . It sure made me feel good to look at yesterday's log and see how we bounced hard off of the lows for the day. All of my analysis indicates that we are still way undervalued at these levels on a fundamental basis, but on the other hand it seems that OTC-BB stocks are only rarely fairly valued. I really like the fact that the company is pursuing multiple avenues for getting off of the OTC-BB...can't happen soon enough for me. (GG) In the long run, the underlying fundamental value should be recognized when the company is sold and I feel quite sure that when this happens that shares bought at $3 will seem like quite a deal. (GG)

James