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Microcap & Penny Stocks : MFIC Microfluidics
MFIC 11.48+0.4%Dec 26 9:30 AM EST

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To: caly who wrote (102)4/24/1998 12:09:00 AM
From: Trumptown  Read Replies (2) of 119
 
Hello, I liked this company a year or so ago and bought in around 1.75 Now there are a few things that bother me:

1. I haven't seen any releases on sales of machines. I think one large one may show up in this report. Good earnings expectation (based on published machine sales) are what drove the stock into the 3+ range.

2. The company hired a PR firm, then fired them...

3. They were talking acquisitions...haven't seen a thing

4. $250,000 is not many shares (maybe 100,000), this looks like a stunt to get the price up

I bailed out at 3 (not sure if I'd buy again). I know they were worried about a takeover, that's probably the only good chance left...
Anyway, for what its worth I put my profits into Rhombic - NUKE. Looks like pretty exciting stuff (www.rhombic.com). On SI and Yahoo, still pretty much undiscovered
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