Socket Communications (SCKT) Message Board

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Microcap & Penny Stocks : Socket Communications (SCKT)

SCKT 0.945

+0.5%

Oct 31 3:59 PM EST

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From: Mahatmabenfoo	3/19/2004 7:26:42 AM
	of 932

This lame-o puny company still has around 50 employees, still loses money, and it still playing the loser game of outsourcing manufacturing for standards-based products leaving it with a lousy low margin. Worse, once it finds a hot area, the chips it puts in its tiny cards are put directly into devices -- the moment it has a market, it's gone. This company still sells MODEM cards for crissake. Here's a clue: the stock market rise in 2000 was engineered by crooks. I figured that out because SCKT got an investment from HMAT which had been deeply involved with DRIP, a classic pump & dump. If SCKT was good enough for the HMAT boys, it was good enough for me -- and SCKT zoomed. Now that play is over, and you're still standing around believing the hype and waiting for this doggie to zoom again. But it's small time -- will always be small time -- if it sticks to its business plan like it's been doing it will never make money just as it has never made money up until now. Do crooks strike the same little company twice? Doubt it. They've moved on to NVEC. Another sucker play. :) - Charles

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