Microphonics Inc. (mrps) Message Board

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Microcap & Penny Stocks : Microphonics Inc. (mrps)

MRPS 0.0001000

0.0%

Nov 5 4:00 PM EST

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To: Sprintcar who wrote (1816)	3/3/1999 7:16:00 PM
From: Gutterball	Read Replies (2) of 8189

The problem I see with MRPS at the moment, there is no way to value the company. As such, the only thing supporting price is PR. It now appears the news Friday will be a non-news event. As such, we may see some fools buying tomorrow (Thur) in anticipation of cashing in Friday, But my guess is, Friday after the news is known, MRPS will pull back and continue to drift downward over the following days until more is know about the company. The comment that Jimmy is talking to a brokerage house suggest Microphonics is looking to do some financing which is OK and probably necessary so Microphonics can produce the products we expect them to sale this year. The fact MRPS came to life via a reverse merger is not a plus in my book, but I am willing to give them the benefit of the doubt. A positive 1998 is a plus and could provide valuable information regarding a revenue growth rate, which BTW I'm hoping will be greater than 50% and more like 150%. MRPS has a lot of work ahead to deliver on its promise. This work includes becoming a reporting company and getting listed on the NASDAQ. These two things will take a lot of speculation out of the price and lead to higher stable prices. Something we all seek.

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