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


To: James Harold Alton who wrote (16249)5/10/1999 2:57:00 PM
From: Baldwin  Respond to of 19331
 
Edit: While we wait....a link to some technical stuff to chew on..terms like CLEC, DWDM, SONET tossed around a lot. (Edit: IIXC mentioned at topic #9.)
telecommagazine.com



To: James Harold Alton who wrote (16249)5/11/1999 9:03:00 AM
From: WISDOM MILES  Read Replies (1) | Respond to of 19331
 
Hope this Trading Halt be worked out in shareholders' advantage.

Read 05/07/99 news
prnewswire.com

"..The former(The Travel Source) was restated via the filing of a 10KA for the fiscal years ended March 31,1998 and March 31,1997 to the
purchase method of accounting, pursuant to an earlier request by the SEC......"

Why did DCI Tele not to address the EDGE acquisition when it was requested by SEC to restate The Travel Source issue? It might be that
DCI thought EDGE is qualified as "pooling of interest"? but if DCI even didn't mention EDGE acquisition when it was requested to restate
another acquisition, then it might be the explanation why SEC suspended DCTC trading without warning.

On the other hand, hope SEC will let DCTC go after DCI Tele confirmed it would do as SEC instructed it to do and follow SEC rule more carefully in future.

From all public information I could read, DCI Telecommunication is a Real company with fast growing pace in prepaid, long distance and now
in internet business. It had estimate of $40 to $50 million revenue in 1999 fiscal year ending 3/31/1999.This kind of revenue is significant in OTC BB world. And It seems DCI has been following SEC rule better than lots of OTC BB companies(Report status and the on time filing).

Also if POOLING of INTEREST method is still valid and Edge qualifies for this method, then I think SEC will be reasonable enough to clear the matter after its research.

Good Luck for all.

WM



To: James Harold Alton who wrote (16249)5/11/1999 11:49:00 AM
From: steve phil  Read Replies (2) | Respond to of 19331
 
Would anyone know if the following release by IXC effect DCI in any way?

AUSTIN, Texas, May 11 (Reuters) - IXC Communications Inc.
said Tuesday it will cut back its operations in switched
wholesaling, a relatively-low-profit segment of the
telecommunications business, to focus on its more lucrative private line and data and
Internet businesses.

The communication services company said it expects to record a charge of $25-35
million in the second quarter of 1999 to account for staffing and equipment related
costs.

IXC posted a first quarter net loss of $42.2 million or $1.60 a share, far outstripping its
loss a year ago of $17.9 million or $0.83 a share.

In a statement, IXC Chairman Ben Scott said that without the impact of its switched
wholesale operations, a business tied to old style telephone service as opposed to
newer data and communications services, its results ''would have been very different''
in each of the last two quarters.

''We are already taking steps to mitigate the future impact of switched wholesale on
our overall operations,'' Scott said. He said that given the changes and assuming
continued strong growth in the company's other businesses, ''We expect to deliver
improved results over the balance of the year.''

IXC said its decision in 1995 to enter the switched wholesale business was made with
an awareness of the low profit margins. But it undertook the move to build economies
of scale for its other businesses, a factor it no longer considered necessary given its
subsequent growth.