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

To: steve phil who wrote (16079)	5/4/1999 3:51:00 PM
From: Grantcw	Read Replies (1) \| Respond to of 19331

Hello all, I've been speaking with a few fellow employees of mine who are also CPAs. Another tidbit that may be of interest is that there are a certain number of qualifications a company has to meet with the form of its acquisition in order for it to qualify as a pooling. If a company meets many or all of these qualifications, the auditor will probably let the company use a pooling. If, on the other hand, the company's acquisition doesn't meet any of these qualifications, it would be very hard for the company to push a pooling past the auditor. I have no knowledge of the specifics of the DCTC transaction, but it might be possible that DCTC's acquiring of Edge was a transaction that met very few of the pooling qualifications, so few of them in fact that the SEC decided to make an example out of company's that get away with doing a pooling with no basis. Maybe that's a plausible explanation of why we're getting different treatment than other firms. That's my best guess, but I have no idea exactly what happened. Give Murphy a majority of the 2 weeks to give us a press release. We can't do anything now anyways. Grant

To: steve phil who wrote (16079)	5/4/1999 7:41:00 PM
From: James Harold Alton	Read Replies (1) \| Respond to of 19331

Steve, A small company like DCI doesn't have a lot of resources to draw on and therefore has be extra cautious about not expanding too fast and creating regular expenses (as I understand the switches are being leased and it is expected that the income stream from the switches is expected to handle the costs) beyond what the company can easily bear if things don't go exactly as planned. By doing one switch now, DCI can sort of "test" the waters and by doing so make better decisions with regards to the timing of the additional switches so realistically how can dates be used anyway? I have been invested in this company for about 3 years now and IMO the expansion of DCI into the LD arena is by far the best shot we have ever had of adding significant value to our stock. The SEC mess and the lawsuit are an aggravation and could temporarily hurt our stock price but if the switches go in as hoped I really think that is more important to us long term but we will just have to see. I don't care whether the first switch goes in today or a month from now...just so long as it goes in. (GGG) Take care, James