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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Nov 26 4:00 PM EST

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To: Joe Copia who wrote (2484)3/6/1999 4:05:00 PM
From: xbrent  Read Replies (2) of 8189
 
MRPS has behaved consistently with standard BB stock predictability so far. It topped off around $2 1/2 and bottomed out at about half of that. My standard forumla for re buys is about half of the blow off top plus or minus 5%. Many have projected that MRPS is a $5 stock, we will soon find out. If the company truly has the horsepower in terms of EPS potential then it will ascend nicely to a new base. Future PR's will give us some good indicators if MRPS has the power to be the one of just a very few BB stocks that make it to the big time.
CAGI is a good example of a BB stock that made it to respectability.
IMO the new base for MRPS will exceed the previous blow off high of 2 1/2. How much more, I truly have no idea.
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