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


To: valuehunter who wrote (16106)5/5/1999 9:53:00 AM
From: tonto  Read Replies (5) | Respond to of 19331
 
Reminds me of FAMH and their "merger" with a Nasdaq company, which never occurred. Blame was placed for awhile by FAMH shareholders on the other company and of course they assumed FAMH was going to be better off without them and the other company would die...

It wasn't until many months later the group finally took a hard look at their own company. They did not like what they learned and have brought suit against the company seeking receivership.



To: valuehunter who wrote (16106)5/5/1999 10:04:00 AM
From: Ken Salaets  Read Replies (2) | Respond to of 19331
 
I have been more than curious who was moving the large blocks of shares last week, but my guess is that it was Wavetech, or those associated with the company, knowing that the merger agreement would expire on 4/30. I could be wrong, of course, as there may have been certain restrictions tied to the arrangement. All in all, however, I am not looking scapegoat Wavetech or anyone else. As much as I would like to have the whole story NOW, I anticipate that we will learn the details soon enough, and well in advance of 5/14. In the meantime, there isn't a whole lot that I can do about the situation, so I have chosen to remain calm. My gastrointestinal system appreciates my choice, not to mention my heart. ggg.

Ken