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


To: ernie de la fuente who wrote (13894)2/4/1999 8:45:00 PM
From: JOE MEDSKER  Respond to of 19331
 
EDLF,
The Murphy family called and received all of their certificates. DCI had the shares that were purchased for the employee benefit plan also put into certificate form. (I reported this sometime ago.) But, these shares were not included in the two million shares that were going to be put into certificate form. I don't know if I would call the one million that was put into cert form as "mere" because they did help in a big way. As it turned out, the Murphy's shares were taken from two firms that were not short. If everyone who committed to helping had followed through it probably would have eliminated much more of the short and might have prevented some of the volatility we are now experiencing. But, that is the way things go. As far as I am concerned the "mere" one million did its job . I know of one clearing house that had to cover 700,000 shares before the end of the year.

Best Regards.