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

To: WISDOM MILES who wrote (16277)	5/12/1999 11:05:00 AM
From: James Harold Alton	Respond to of 19331

Wisdom, Without knowing all of the facts, it's really hard to make any reasonable conclusion about the best path DCI should take. Murphy has always been a person that kept more than one option on the table in case another did not work out. I do not know at this time if selling the company for a reasonable price is an option but I would hope that this option is being considered along with others as some sort of a backup plan. I don't know what the value/share for DCI would be on the market if sold, but surely it's a multiple of the level we last traded at. I have been looking over the restated financials and so far have not found anything yet that surprised me. James

To: WISDOM MILES who wrote (16277)	5/12/1999 12:35:00 PM
From: Dorine Essey	Respond to of 19331

WD, Copied and pasted from Raging Bull By: Kknightmcc Reply To: 975 by hapycapy Wednesday, 12 May 1999 at 7:33 AM EDT Post # of 977 hapycapy no need to jump off any bridges. A price lag may happen depending on how many market makers sign on to make a market in the stock. We need at least 3 to make an orderly market. If they don't sign up in time it could delay any quotes being quoted until there are market makers ready to make a market in the stock. That depends on when they sign their forms and how long it takes before they can actively trade the stock again. Market makers have to list quotes within a certain time frame, I believe it is within 60 seconds, so that is not the kind of lag you need to worry about. In any event there will not be any quotes before Monday morning, and there might be a delay at the opening on Monday of any quotes being quoted. If there are trades they should be done as usual. K.

To: WISDOM MILES who wrote (16277)	5/12/1999 12:36:00 PM
From: Dorine Essey	Read Replies (1) \| Respond to of 19331

By: Todd_M Reply To: 976 by Kknightmcc Wednesday, 12 May 1999 at 7:57 AM EDT Post # of 977 Is it possible we may lose some of our MM's from all of this? Why would they NOT "sign up in time", if DCTC has provided them with all the information required by the SEC? Is there a financial incentive for them to "sign their forms" or are there any potential negative ramifications of them NOT signing their forms? In the end, this is all about money no matter how you cut it... What would the SEC say if no market maker signed the form? How would they protect the investor in this situation? The rule says that MM's are not permitted to quote if they believe any manipulation is going on. Does anyone know of ANY stock where the MM's have blown a whistle because of suspected manipulation? It seems to me the fact that they have to short in order to maintain liquidity is a form of manipulation so what does this rule mean? I'm still full of questions...

To: WISDOM MILES who wrote (16277)	5/12/1999 3:21:00 PM
From: Jack Doerr	Read Replies (1) \| Respond to of 19331

WM - ITEL has now started being traded again. Schwab's board showed their price at 1/8 yesterday. Then, lo and behold, it is quoted at 2 today. In light of the fact they are traded in "Pink Sheets" (whatever that is?) but, which is presumably less traficked than the market created by the market makers, wouldn't it be likely that in fact, DCI is more tradeable or liquid and shouldn't a market be expected to set up quickly and completely? I would expect (hope) so. Frankly, I'm in no hurry - I expect the price to go up and I'm looking forward to having to worry about ordinary income taxes vs. capital games. GO DCTC!!!!!

To: WISDOM MILES who wrote (16277)	5/20/1999 9:18:00 PM
From: Baldwin	Read Replies (3) \| Respond to of 19331

IIXC's recent activity......dated May 20. www1.newsalert.com a quote from above story on rise in WRDP due to buyout speculation: "According to Sands Brothers analyst Alan Feldman, 'WorldPort is a premier takeover target.' Feldman currently rates WorldPort a buy with a $20 target and said he believes the company could be sold to likely suitors that may be looking to enter or expand their presence in Europe including IXC (Nasdaq:IIXC), ICG Communications (Nasdaq:ICGX), Intermedia Communications (Nasdaq:ICIX), STAR Telecommunications (Nasdaq:STRX), and Global TeleSystems Group Inc. (Nasdaq:GTSG)." NOTICE WHO IS NAMED AS ONE of SEVERAL LIKELY SUITORS. Interesting. This a bit older, but for review re: relationship with DCI. ixc-comm.net 3rd & 5th paragraphs from above link: "AUSTIN, TX -- December 7, 1998......DCI has agreed to issue approximately 13% of its stock to IXC (4.25 million shares) with a market value of approximately $16 million based on the closing price at December 4, 1998. In exchange for the DCI stock, IXC has canceled amounts owed by the debit card provider of approximately $18 million. IXC estimates that the total negative pre-tax impact of this event on the fourth quarter (net of reserves) will be $14 million. The number of shares of DCI stock held by IXC is subject to adjustment if the DCI stock price changes. Under the agreements, DCI has a call option to repurchase the 4.25 million shares of its stock from IXC through April 1, 1999 at a price of approximately $18 million. In the event the call option is not exercised, there will be an adjustment to the number of shares owned by IXC on June 1, 1999 if the 15-day volume-weighted average price for the shares is outside of the range of $4.20 to $5.88. After the adjustment, if any, IXC will own shares of DCI with a minimum value of approximately $18 million (if the price is below the range) and a maximum value of $22 million (if the price is above the range)." Where does that leave us now?