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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Dec 2 4:00 PM EST

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To: Andrew H who wrote (2544)3/6/1999 10:38:00 PM
From: Dave Gore  Read Replies (1) of 8189
 
Yes, the audited financials should be here before month end....if people are worried sick about them, they should probably sell or not buy. Of course there are 2 things you need to consider by that action:

(1) The financials last year reflect what happened 14 months to 2 months ago, not the current 1999 progress.

(2) If the financials are positive (small loss or slight gain) for 1998 with audited share info, etc. then the stock is likely to rise significantly and those that wait will pay a higher price.

So you buy cheap this week or possibly pay much higher prices later.

No question that the brokerage houses that have requested info are forced by their standards to normally wait until proof of audited financials. I look for many more conservative folks to invest in MRPS when that info is out.

If any of you are worried about financial info you should wait too.
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