Socket Communications (SCKT) Message Board

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Microcap & Penny Stocks : Socket Communications (SCKT)

SCKT 1.280

-2.3%

Dec 5 9:30 AM EST

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To: simon yang who wrote (7)	2/11/1997 11:19:00 PM
From: T. Scott Brassfield	of 932

I spoke with a company officer a few days ago. They have been under-funded through the investment banking approach. They are working on getting help through deals with their business partners. Funding in this fashion would be less dilutive to us shareholders. I think they are doing well technologically & probably need a few quarters to get profitable. They got de-listed due to NASDAQ capitol requirements & this always has a depressant effect on stock price. In general brokers are happy to receive sell orders on BB companies but won't solicit buy orders-BB companies can go up on positive developments plus de-listed companies that succeed at turning around are eventually re-listed which should restore share value. I'm holding on to my shares (from the early private placements) & thinking about buying more-altho I am making no recommendation to others as to whether they should buy but only that they do their research on SCKT. This could be a good forum for info on SCKT & a response from company officers in this space would be helpful to interested shareholders. Scott Brassfield

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