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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks

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To: Ga Bard who started this subject8/31/2004 9:27:02 PM
From: seven_reader7   of 8835
 
Mad Catz (MCZ)trading at .50 signals breakout from here

And lot of good reasons to hold for awhile I think

Msg. 285 of 285
Jump to msg. #
IPOD STARTER KITS SHIP IN FALL!

New to MCZ? Start your D.D. here:

1st Qtr Results:
biz.yahoo.com

Next generation of GAMESHARK launched:
biz.yahoo.com

MCZ to Ship IPOD STARTER KITS in Fall:
biz.yahoo.com

SEC FILING Schedule 13d for FAGAN CAP. Shows they were BUYERS of MCZ in HUGE amounts during FEB and MAR of 04. Plus you can read for yourself where they state they feel the shares are undervaled and make and offer to MCZ management for a financing deal. Which MCZ refused saying they were not interested at this time:
Shares of Common Stock
Purchased/(Sold) Price Per Share ($) Date of Purchase/(Sale)
--------------- ------------------ -----------------------
345,250 0.83 2/06/04
516,200 0.69 3/17/04
185,500 0.75 3/18/04
31,700 0.76 3/19/04
125,700 0.75 3/22/04
100,000 0.74 3/23/04
169,100 0.73 3/24/04

Plus if you read the SEC FILING Schedule 13d you will see that FAGAN approached MCZ about doing a financing package for them saying "they believed the shares were undervalued at this level) and of course that level was in the .65 - 80 range then as you can see from the above purchase prices. MCZ refused the offer saying "they were not interested

secfilings.nasdaq.com 9%2Etxt&FilePath=%5C2004%5C03%5C29%5C&CoName=MAD+CATZ+INTERACTIVE+INC&FormType=S C+13D&RcvdDate=3%2F29%2F2004&pdf=
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