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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Dec 15 4:00 PM EST

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To: Joe-MA who wrote (4413)3/25/1999 2:18:00 PM
From: Dave Gore  Read Replies (1) of 8189
 
Joe-Ma and ALL: When they are reporting, the quarterlies will be the real thing and much better than mere projections. Tell me if I am wrong!

Maybe I am. yes...a bit of credibility loss because Myles thought it was a good idea to put out projections, but I am looking at the bigger picture now. Better to correct a mistake than compound it?

here's the problem with projections....

**** RE: MRPS's CONTRACTS:

Re-read them...one calls for so many units EACH MONTH. That is the pretty clear. A projection is easy except you have to tell the world in a PR what you sold the units to them for. This might piss off this customer or other customers. Not good!

Others like GM's is much more open. In fact GM Corporate set up an OPEN P.O.

this makes it VERY hard to estimate or project.

***********

THIS IS WHY ALLAN WAS HIRED.
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