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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: Micropicker who wrote (1)3/30/1999 3:59:00 PM
From: Pashoe1  Read Replies (3) of 8189
 
I have sat back and read every rumor imagined and thought several times of liquidating my position but I held off because of a gut feeling. I remember reading about a remark that Donald Trump said he made decisions on gut feeling with no regard to what his advisors said. So my gut feeling says be patient, despite my accounting background telling me I need numbers.

So I decided to call the company today and post the results of that conversation. I talked to both Myles and Jimmy and in fact talked to Jimmy for a good while. Jimmy did say he was concerned about the stock price but agreed that they will keep getting contracts and hopefully the market will respond postitively. He faxed me information on the company and gave me a contact in Nascar so I will post that info soon. No there was no eta of the financials but he did say that the accounting firm "Marlin Edmunds" (spelling might be off) have the financials and are working on them as we speak. Also he did say that they applied to Standard and Poors for their financial information posting.

My take on all of this is that if this is a con game I fell for it hook line and sinker. But if this is indeed the real deal then we have an opportunity to get in on the ground floor of an exciting company. Let me finish by saying I am not a hypster and in fact a newbie to investing. But I will make an effort to follow up and post only facts not hype.
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