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Microcap & Penny Stocks : Socket Communications (SCKT)
SCKT 1.240-2.4%9:30 AM EST

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To: M who wrote (26)4/21/1999 11:02:00 PM
From: Mahatmabenfoo  Read Replies (1) of 932
 
> what do you know?

I don't know anything, unfortunately, 'cept they have a website:

spencertrask.com

My investment SCKT is based on the greedy little hope that few people are noticing that the company really could become profitable, and when it does, relisting and very nice boom in stock price should follow.

But SCKT has never made money, and has always been a gleam of prosperity.... next year. Part of this is probably not the company's fault -- my impression is they are a very small operation. Maybe some money (for more R&D, for doing inhouse the work they must contract out) would help.

Which brings us to Trask. They seem more oriented to private investment than in searching for merger partners. I guess the good news is they think they can sell SCKT. The bad news maybe if they can't, SCKT may not break out of its skimming close to the edge existence, which it can't continue forever.

- Charles
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