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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Nov 20 4:00 PM EST

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To: Dave Gore who wrote (616)2/26/1999 7:31:00 PM
From: Andrew H  Read Replies (3) of 8189
 
Yes, Dave, it was an incredible week for MRPS and I expect more of the same next week. Its hard to say where the price will go, but we do know a lot of good news is coming.

We also know that many people are watching as well as buying and that the shorts have been covered by now or they soon will be.

My guess is that the company is worth a minimum of 3/share given the revenues announced so far this year and the enormous prospects which remain to be announced. That would give the company a market cap of about 28M if the latest share tally of 9.4M in the wizzard post is correct. This figure is very conservative. With any more contracts, my personal opinion is that the company deserves a much higher market cap.

Let's see what next week brings us.

Congratulations to all shareholders who paid for their tickets and jumped on board for the ride.

Today, the train left the station.
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