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

To: Colin Cody who wrote (15820)	4/24/1999 12:08:00 PM
From: Grantcw	Read Replies (2) \| Respond to of 19331

Colin, What you're guessing is that the holders of the convertible are shorting shares at prices of around 3 or 4 in hopes that Murphy won't buy back the convertible with cash. This happens often and is the danger of the floorless. Fortunately, I have faith that Murphy will live up to his statements and buy back the floorless, leaving these supposed shorters (if they are in fact shorting) in the lurch. I know that when you short a stock you do get the money, though most brokers make you keep a large amount of the money in your account to cover their risk. Some brokers actually give interest on this money to the short before he covers. Is this what you think is going on? It's probably a good play to make some dough, IMO. Now, what makes you think this is going on? Furthermore, why can't we force them to cover by going to the correct regulators to get them to cover? If there are a lot of shares short now, it would benefit us greatly to get them to cover. What's your plan? Grant