To: De Peepster who wrote (13077 ) 12/24/1998 8:04:00 AM From: Grupo Brad Respond to of 19331
Good Morning Everyone, This is a post I copied from Raging Bull. "Grupo Brad" To all DCI shareholders, Shares held for you, by your broker/clearing agent are kept by the Depository Trust Company (DTC). The actual number of shares your broker/clearing agent has recorded in his system may not be the same number the DTC system has recorded. In conducting my own due diligence, in reference to DCI stock, some DTC accounts are SHORT compared to the actual number of shares recorded by your broker/clearing agent. After purchasing stock from your broker/clearing agent it is recorded in his system, then the stock SHOULD BE delivered to the DTC and recorded. Some broker/clearing agents have not demanded delivery of shares to the DTC. Some broker/clearing agents have demanded shares and have only been partially filled or not filled at all. The recent cert. call on "SI" has depleted what shares your broker/clearing agent had deposited at the DTC. Your broker/clearing agent has probably been demanding the balance of shares owed to his DTC account, in order to fulfill other cert. requests. The request for stock by your broker/clearing agent to his DTC account seems to be received with only partial and sporadic fills. The entities short this stock appear to be dragging their feet in delivering shares requested by the broker/clearing agent for their DTC account. Since many broker/clearing agent requests for stock have been met with only partial and sporadic fills, please keep in mind that, ANY AND ALL CURRENT PURCHASES OF THIS STOCK ARE PROBABLY NOT BEING DELIVERED to your broker/clearing agents DTC account. So, even though you are purchasing the stock and your broker/clearing agent is recording it into his system, THE STOCK IS NOT BEING DELIVERED to the DTC account. THIS UNDERMINES ALL DCI SHARE HOLDERS. Demanding delivery of your stock or calling in your certs., seems to be the only way to truly own your shares in this stock. This action will also FORCE the entities short, to cover. If you have called in your certs., but have not received them KEEP CALLING! This will force your broker/clearing agent to keep requesting delivery of shares from the entities that are short. If you are currently purchasing stock, consider calling in certs. on these shares too. If you are concerned about being able to trade the stock in a timely manner, consider setting up an account with a local broker, and letting him hold your certs. in his files at his local office for you. In my opinion, based on my own due diligence, there is still a significant SHORT in this stock. Not only are there outside entities short this stock that are dragging their feet in covering/delivering this stock. I also believe the market makers are still short this stock. They may only be short this stock because there is no inventory to be found and there are still buyers. However, THEY ARE STILL SHORT! The shorting of this stock only undermines the company and the LONG TERM SHARE HOLDERS OF DCI. CALL YOUR CERTS., Jim *Disclaimer - The above is based on my own due diligence and my own personal opinion formed from my due diligence. If there are any errors made above, please post them to this board, so that we all may benefit from it.