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

To: King Louie who wrote (14885)	3/21/1999 7:52:00 PM
From: don denson	Respond to of 19331

ooh boy! Yeah, being from Houston I saw that news! (probably good for George W. somewhere down the line) and, you're right, there are some similiarities to this business. Nice read and thoughts for the weekend, thanks. dd

To: King Louie who wrote (14885)	3/21/1999 8:03:00 PM
From: Mr. Cellophane Man	Read Replies (2) \| Respond to of 19331

KL -- It wasn't even an "investment" per se. Bush simply waived his usual speaking fee in lieu of the Global Crossing stock (because he was friends with the somebody in GC management). So, in effect, he got paid $14.4M for one speech. Zonkers. Dan Golly -- all the old timers crawling out from under rocks tonight. You, the VI (a.k.a. Official Thread Attorney), and even GE leaving some of little droppings.

To: King Louie who wrote (14885)	3/22/1999 7:43:00 PM
From: Rob Taylor	Read Replies (3) \| Respond to of 19331

OT - I guess with $14.4mil, George has enough to begin his run for the White House. I am curious how he managed this feat with an $80,000 investment. The lowest GLBX has been since the IPO is $8 adjusted for the 2 for 1 split this March. The original IPO price was $19.00/share. If he bought 10,000 shares ($80,000 / $8), even at the recent high of $62.63, his investment would be worth $626k. Even a pre IPO price of $2/share with an attached warrant at $2 would make his investment worth a little over $2.5 mil without exercising the warrant. Of course the stock closed a bit over $48 today. Based on the high price of $62/share equaling a market cap of just over $25 bil, old George would have to have bought around 908,000 shares with his $80,000 initial investment. I guess my question would be, how did he do that?