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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Nov 24 4:00 PM EST

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To: re: MAX who wrote (706)2/28/1999 8:55:00 AM
From: hoffy  Read Replies (1) of 8189
 
MAX:

I understand why you are gun shy and no one should invest the mortgage on any stock, but Comparing two stocks like MLRE and MRPS just is like comparing apples to oranges. The only similarity is that they are both BB stocks. MLRE was hyped due to an internet craze. MRPS is a company that has a product that will help many businesses. Is it a sure thing. No? No stock is. If it was sure thing the stock wouldn't be trading at 1, it would be at 10 or 20 already. But if they can capitalize with this product and right now it looks very promising then it will get there eventually based on fundamentals not hype. The only hype in this stock right now is that it is a real company with a real product that COULD make a ton of money. It's not an internet company that has fallen into the internet craze where the price goes crazy and then falls right back because the company has no fundamentals. This company will go up because of fundamentals and sales of their product.
I can think of so many applications for their device myself. I am an engineer and deal a lot with electrical equipment, rotating machines etc. Their device IMHO will be used by many industries.
I think this stock is the real thing and will be moving higher pretty fast. I own 10,000 shares and will try to get more but as you said I wouldn't go into debt to do it. This stock could make you very rich if things fall into place. It's also possible the company can't capitalize on this product and the stock never makes it. High risk but a very high reward on this one.
That said, SEE you when the stock hits 20.


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