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Microcap & Penny Stocks : Socket Communications (SCKT)
SCKT 1.281-1.8%Dec 5 1:54 PM EST

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To: M who wrote (13)1/7/1998 1:16:00 AM
From: T. Scott Brassfield  Read Replies (1) of 932
 
Martin,

In your recent e-mail you asked the question whether selling after Nov. 1 was insider-have you found the answer to that question? Lately the primary characteristic to trading has been low volume. It sounds to me like SCKT will be a survivor-largely by becoming profitable. To gain market cap it will need support from brokerage houses-i.e. some buying pressure will be required to generate higher stock prices-and ultimately SCKT will probably need more capital generated by a stock brokerage/I.B. firm for R & D-unless it can get needed capital from Cetronic or company insiders & friends. Please e-mail or respond here your thoughts. If this company has a future then the share price leaves lots of upside potential. Scott Brassfield
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