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


To: Elminster who wrote (13753)1/28/1999 8:16:00 AM
From: ERM  Respond to of 19331
 
Question for the thread from a telcom layman: While the focus has been on projected revenue, has anyone looked at projected gross profit? My sense is that the markets DCTC is in and/or entering are pretty competitive (i.e. UK & Spain), and that commodity pricing will keep margins very thin. Could this be part of the reason (in addition to BB status) for the flat stock price. Just a thought.



To: Elminster who wrote (13753)1/28/1999 9:00:00 AM
From: Steve W.  Read Replies (1) | Respond to of 19331
 
Elminster,

Thank you for that historical re-cap. The following excerpt raises a question that perhaps someone could answer...

April 11, 1997 (STOCK PRICE: $3.75 on 4-14-97)
In January 1997, DCI applied for Small Cap Nasdaq listing. Daniel Murphy, Vice President of Planning, said that the process can take as long as five months and the company must be patient. Nasdaq is presently awaiting updated audited numbers reflecting the Company's recent acquisitions. Mr. Murphy also stated that the company qualifies for AMEX and is considering application to the London Exchange in recognition of its involvement in the European
community


Could someone provide some commentary or insight regarding that Nasdaq Small Cap listing application? It would be appreciated.

Thanks,

Steve W.