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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Dec 4 4:00 PM EST

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To: J.N.N. who wrote (2239)3/5/1999 2:40:00 PM
From: Dave Gore   of 8189
 
Those of you publicly expressing concern.

Some are getting a little flak because when you or others say things like "WE DESERVE TO KNOW!" (in caps) or "some stocks sit there for years", people wonder what you motives are, particularly those few of you who say you have a big long position.

Most of us who were concerned about some things would call the company and express our concern rather than post them publicly. Maybe you have done that, but if you did I seldom have seen the company official's comments quoted.

Most of us who had a big LONG position would, if anything, paint an overly rosy picture, not a slightly negative one. We would voice our concerns in private.

So some will naturally mistrust anyone who is LONG and posting stuff that sounds alarmist, thinking that perhaps they want to drive down the stock price and pick up more cheap.

Plus some have told me "since we know the company is going to release information soon, why are some stirring the pot so much?"...why not just wait for the news and financials, etc.?"

I agree.
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