SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Dec 18 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zeus549 who wrote (7328)6/26/1999 3:12:00 PM
From: CYBERKEN   of 8189
 
I would only disagree with you regarding posting to try to pull a price down. I've always found that to be a rather disgusting practice. I hope these boards don't spawn a whole generation of "Mr. Pink's".

My reason for getting out is that, while I see progress, I also see the possibility that this management has quite a mountain to climb to become "The Compleate Executive". What we have right now is some good salesmen matched with a great product. If their stated goal was to sell out to Delco or someone within a year, that might be enough. But if the objective is to build a small company into a large one and then operate it successfully, then I see a high probability of some stock-price-killing bumps in the transition they are about to try to make-and no guarantee that they can be successful.

Therefore I'd get back in if I see either a price back below 1 1/2 (where I think undervaluation can be assumed), or solid evidence that there's a shrewd and savvy CEO staying in the office and calling the shots. As for the the latter, there won't be a bell rung somewhere if it happens, it will have to be a risky estimate on my part.

Put simply, along with the probability of the company's future success, there is also some possibility that that success will follow the departure of Jimmy and Myles, and a stock price back at 1/4 to 3/8. Nothing to do now but keep watching.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News