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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Dec 5 4:00 PM EST

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To: learnstocks who wrote (4638)3/30/1999 12:31:00 PM
From: Dave Gore   of 8189
 
Interesting phenomenon occurring here: While MRPS has really good products produced by top name manufacturing plants and real contracts with some of the biggest names on the planet, other BB stocks that have no products or revenue and nothing but promise, have market caps 3 to 5x MRPS's and are selling for $2-$10...right now.

I am going to compile a list just for fun sometime this week. You will be surprised how big the list is.

However, that aside, I agree that when they are fully reporting down the road, we can all start to figure out whether $3 or $10 is a proper valuation.

Right now we cannot do that.

DayTraders will come back once a really big contract is announced and rocket this up once more.

Then it will fall back as things quiet down and we start over again, albeit at a higher base.

and so it goes....

Once we get quarterly profits or even finanicals, then we will attract the big brokerage houses.

But patience and several months is required.
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