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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Nov 25 4:00 PM EST

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To: Donald Powers who wrote (4648)3/30/1999 1:53:00 PM
From: Dave Gore  Read Replies (1) of 8189
 
My TWO CENTS on MRPS being as candid as I can

I think that MRPS needs a really sizeable and solid contract announcement(s) or joint venture or big company partner to test old highs and get above $3.00

Will we get that? YES

In the next 2-4 weeks? 65%, imo

Has Management made mistakes and hurt their credibility with financials and a couple other issues?

YES, but I think they were largely mistakes of optimism and newness to the hundreds of shareholder calls they got. Myles was getting 80 calls a day. Sooner or later, anyone will say something not quite clearly enough, that a shareholder will twist around. And I liked that they are doing the financials, but wish they wouldn't have even surmised about dates. Too many vairables.

Do they need an experience IR or PR firm?
Yes, but Alan should work nicely in the meantime.

Finally I am impressed with what they have accomplished in 1999 and continue to be long because I like their competitive advantage, margins, and big name customers, as well as big name manufacturing firms.

I don't know of a more promising $1.00 or even $1.50 stock for eventually significant appreciation. I really don't.
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