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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (7169)6/15/1999 1:03:00 PM
From: InOverMyHead  Read Replies (1) | Respond to of 8189
 
I agree with you Mogul to a point. The only thing the financials will tell us is that Microphonics is legitimate. We all know that they lost money in 1998 and they only made a small amount in the first quarter of 1999.

When we see the financials, there won't be a tickertape parade in celebration, but it will alleviate some investor's fears about investing in a non-reporting company. I sold 1/2 my holdings when the stock hit 2 3/4 just last week or the one before. Now I am glad that I did.

This company has a lot going for it and I will put that money back in when I feel that it will do me some good. 2 1/4 looks good right now, but I think we could see lower prices if MRPS doesn't come out with those papers.

If I was MRPS, I would be paying those accountants overtime to get the financials out ASAP.

IOMH