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Microcap & Penny Stocks : Socket Communications (SCKT)
SCKT 1.2300.0%1:01 PM EST

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To: Mike Gifford who wrote (5)2/7/1997 12:10:00 AM
From: Benedick   of 932
 
Mike,
Any progress on funding? I'm an early series large shareholder who hasn't sold because I believe in the potential of the technology. I've been involved in other issues of your original & I believe current investment banker including companies that went bankrupt and one that almost did-the almost did now has 5 quarters of improving financials & 3 of profit including a profit for all of '96. Said company still exists due to the dedication of certain employees, officers, & key stock-holders-the afore-mentioned, young investment banker completely abandoned this company. Please up-date me on your current situation-I think your technology is great but I'm worried about the length of the runway & whether you'll have enough fuel to get to the end & takeoff.
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