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

To: Steven R. Bergman who wrote (13105)	12/28/1998 1:43:00 PM
From: James Harold Alton	Read Replies (1) \| Respond to of 19331

Steve, Interesting trading today to say the least. Here is the most recent TL: tol 12/28/98 1:19 PM TD12:268 Today's Log Database tl: prev: DCTC DCTC - Transaction Log 1:22:39 8 2.843 - 3.000 5x5 9:39:49 8 1300 2.813 1:01:59 8 2.812 - 3.000 5x5 9:39:48 8 500 2.813 12:45:34 8 1000 2.813 8:19:23 8 2.812 - 3.000 12:14:52 8 300 2.969 7:32:15 8 2.937 - 3.000 11:41:20 8 500 2.813 end of data 11:05:04 8 1000 2.813 11:03:33 8 500 2.813 10:58:59 8 2000 2.875 10:58:51 8 2000 2.875 10:58:47 8 2.812 - 2.968 5x5 10:58:32 8 200 2.969 10:57:54 8 2.875 - 2.968 5x5 10:52:48 8 2.875 - 3.000 5x5 10:52:43 8 2.843 - 3.000 5x5 10:12:59 8 2500 3.000 10:03:35 8 2000 2.813 9:46:21 8 1100 2.813 9:45:20 8 1000 2.813 9:42:53 8 1500 2.813 9:40:58 8 1000 2.813 9:39:55 8 500 3.000 Take special note of the apparent sells at the bid followed by an increase in the bid at 10:52 to accomodate what appear to be sells for 4K at 2 7/8. My guess, is that many of the trades at the bid are either the MM's painting the tape with trades between themselves (creating the illusion of selling?) or that we have someone buying through a MM and holding the bid. Normally if we had 1/3 of this amount of actual selling our MM's would have dropped the bid and certainly not have raised it! It is my impression that the pressure on the shorts is likely building due to the cert. call, the shares Murphy called and the positive progress that is being made with the Wavtech merger. This is certainly an interesting time to own DCTC with so many interesting events (listing, merger, current QP etc.) pending. I hope that everyone enjoyed the Holidays as I did! James