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Microcap & Penny Stocks : MVSI - Legit or Scam?

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To: High Plains Drifter who wrote (21)1/2/1997 11:55:00 AM
From: Damon Pham   of 37
 
MVSI Inc sees $8.3 mln of Q1 revenues

NEW YORK, Jan 2 (Reuter) - MVSI Inc said it is on track to record $8.3 million in revenue for its first quarter ended December 31, compared with $3 million in the year-ago period.

The company did not make any estimate for its earnings or say what factors contributed to the rise in revenue. Officials from the company were not immediately available to provide further details.

The company also said that as of December 31 it had attracted about 16 market makers for its stock. The company's former underwriter and principal market maker, Stratton Oakmont Inc, was expelled from the securities industry on December 5.
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