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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Dec 24 4:00 PM EST

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To: Nick JMH who wrote (7206)6/17/1999 12:27:00 AM
From: CYBERKEN  Read Replies (1) of 8189
 
Out today. Last 2 news bites were excellent but could not stop the price slide. Wasn't worried about financials earlier-but time passes-and the lack of movement there becomes much more important. What I'm watching for, for (possible) re-entry:

1) Will Jimmy and Miles turn out to be a couple good salesmen who bumped into a great product, or do they really want to build a small co into a large one? Plans must include 6 eme's becoming 12, then 24, etc. and what will the people be assigned THAT WILL INCREASE SHAREHOLDER VALUE?
2) Can the company become fully reporting, and can top mgt defend the numbers? Can they project the kind of bottom-line growth that will get the stock to double digits and onto a respectable exchange?

3) What specifically is the goal of the expensive participation in Indy and NASCAR racing? What deals have already resulted and what are expected? What, for instance, happened to Penske (who, BTW, is a terrific role model for our guys to follow.)?

Hoping the company and SSA can get these questions answered (and continue to report on progress on them) so I can justify coming back.

Good luck to all!
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