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Microcap & Penny Stocks : Microvision (MVIS)
MVIS 0.929-2.2%Jan 9 9:30 AM EST

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To: kili who wrote (615)10/16/1997 1:49:00 PM
From: mark calder   of 7721
 
Kim,
Just as I posted on the Fool. I wish I could go to sleep for 5 years and then wake up and call my broker. But with my luck the operator would break in and ask for 10 grand for the next 3 minutes. Your not alone with your depression, its gloomy here in Wichita too! However we know whats in store for this company in the future. This stock isnt any different from any of the other high flyers I have owned in the past. I saw a reference to Microsoft a few posts back with all sorts of analogies being drawn. To me this stock is more reminiscent of Iomega. I made a huge mistake back then and sold on a panic. At the time I owned 1600 shares that I had purchased at $7.00/share. The stock ran up to $20.00/share and then this manic depressive partner we call the market decided it was worth $12.00/share. I was in a panic and sold. 3 weeks later it was on its way to $50/share and a two for one split. 6 month later after running up to 80 it split 3 for one. then finally it ran up to $90 and split again 2 for one. In short I made 8 grand by selling but lost out on a runup over the next 3 years that would have netted me $960,000 at its peak. When we say we are in a stock for the long run it means we are going to have a few Maalox moments. Nothing has changed in MVIS between today and yesterday the fundamentals are still there, besides whens the last time you were able to buy an unrealized beer with some unrealized bucks.
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