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

To: Alan Lynch who wrote (14374)	2/26/1999 9:06:00 PM
From: Bill Brogan	Read Replies (1) \| Respond to of 19331

Interesting, Alan. If this is the article Mr. Murphy wanted us all to read, I wonder why. Are DCI's Series F convertibles (or whatever the right jargon is) that he's assuring us he'll buy back or not take to market these "death spirals" mentioned in the article? Are we supposed to be prepared for this type of stock price movement? --Bill

To: Alan Lynch who wrote (14374)	2/27/1999 8:59:00 AM
From: WISDOM MILES	Read Replies (1) \| Respond to of 19331

Alan, If it's the Wall Street Journal 2/24 Article Joe Murphy referred, then I could learn following: 1.Preferred convertible shares is the weakest of the company which Shorts want bet and attack. That's why Able holding stock was beaten down. That's why DCTC stock was beaten down in the past by Shorts after it set record at $5 1/2 on 2/05/1997 2.Since Joe Murphy will buy back all 3million(very small compared with Ables)convertible F, it's a non issue for DCTC. 3.Since it's very risky to the company and shareholders using issuing prefered convertible for Acqusition, DCTC is using DEBT financing for it's major switches. 4.Oversea's telecommunication market are enjoying much bigger rising than that in Domestic market.Able's major market is in south America, DCTC's is in EUROPE especially SPAIN 5.Since Short selleres actually has nothing to bet to attack DCTC now and with all financing and switches and QUIET PERIOD ending, DCTC might enjoy decent stock price appreciation in coming weeks. Long and Stronger than ever. GO DCTC!