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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Dec 1 4:00 PM EST

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To: findstock who wrote (4596)3/30/1999 10:52:00 AM
From: Dave Gore  Read Replies (2) of 8189
 
MRPS UPDATE: First, just spoke to Myles. But before getting into that I must say this. All expectations are manufactured by posters on SI and Raging Bull.....the company has never promised news this week or a $5.00 price by end of April. I and others THINK we will see some news soon, maybe today, maybe thursday, maybe 1 maybe 2. I also think they are working on some big deals, but my guess is that those are 2-4 weeks off yet, but who knows?

So first let's remember that the company does not control Daytraders or MM's or the stock price....

SOME SUGGESTIONS I MADE:
I have asked them to summarize the results from the Dearborn show they did last week. I have also suggested to them to come out with a summary of financials by end of next week at the very latest.
I have asked them to mention Alan in a release and what he brings to the table. These are things I can only SUGGEST obviously. I am just one voice and they need to do what they think best.

I HAVE REINFORCED HOW IMPORTANT CREDIBILITY IS and how important distributing pertinent shareholder information is, at least until big news comes that totally establishes their credibility without question.

They have no shortage of leads and are seemingly close on some deals that have been in negotiation over.

I have stated that I expect one or two news releases this week and remain an MRPS shareholder through April, at which time I will re-evealuate progress. I will probably remain a shareholder long after April, but I want to re-evaluate.

REMEMBER...your disappointment is the result of YOUR expectations. We all are guilty of that. Their stock has tripled over the last month or so. They have landed several separate contracts with Fortune 500, Nascar, and the Army Corp of Engineers.

That is a pretty good 3 months work of work. And I, like you, am expecting much more.

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