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Microcap & Penny Stocks : Socket Communications (SCKT)
SCKT 1.260+2.4%Dec 10 4:00 PM EST

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To: Mike Gifford who wrote (3)12/3/1996 1:30:00 PM
From: jjs64   of 932
 
Mike;

I met with Martin and David yesterday morning. I was very impressed
with the Compaq WindowsCE machine, but its a little bigger than my
HPLX, sko I'm not giving that up :)

Anyway, I was impressed with the tech, especially the middleware
component. Page-enabled applications I feel are CRUCIAL to this market
and page-enabled ACT and Lotus Notes are great selling points for
vertical markets.

My main concerns are as follows:

1) Motorola this morning announced it will stop production of its
Marco and Envoy devices and instead concentrate on wireless modem
paging tech.

2) How long is Socket's lead technologically? Is it 6 months, one year
or longer. Since predictions are for breakeven in Q4-1997 Socket's
lead had better be more than one year!

3) How badly will shareholders be diluted. Socket needs money, and
Martin and David know this, but where is Charlie Bass, surely he could
put up the cash. If I knew Charlie was boosting his stake, I'd be
much more comfortable.

Just a few thought...

Joe
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