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Microcap & Penny Stocks : Socket Communications (SCKT)
SCKT 1.295+0.4%1:06 PM EST

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To: $Mogul who wrote (308)8/3/1999 8:55:00 PM
From: GARY P GROBBEL  Read Replies (1) of 932
 
Mogul...it may be due to a filing today registering shares that were already issueable. Does not change the ttl number the company has obligations for....not does it affect their business prospects in their sector.

Going in I knew the company could have 21m outstanding over time...and that they may issue add'l shares to raise capital. I guess people just don't like to see it in black and white.

gpg
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