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Microcap & Penny Stocks : Socket Communications (SCKT) -- Ignore unavailable to you. Want to Upgrade?


To: J L Segal who wrote (70)6/22/1999 7:32:00 PM
From: Mahatmabenfoo  Read Replies (3) | Respond to of 932
 
> a relisting may not be that far off.

Fwiw, years ago I saw Encore Computer (ENCC) become relisted, and it shot from 50 cents to $6 almost instantly. Years later, the company was gone, but my impression is the fact of re-listing gives a powerful bounce to stock price.

I don't know how much this may have to do with SCKT, but I didn't expect a bounce until relisting happened. Maybe, like you say, it's not far off, and maybe when it occurs there'll be another nice bounce.



To: J L Segal who wrote (70)6/22/1999 9:45:00 PM
From: R Citrenbaum  Read Replies (3) | Respond to of 932
 
Microsoft's release speaks for itself...

Note that Microsoft AND 3COM recently invested in AvantGo. AvantGo is providing content and information services for the wireless communications kit. It's a hot company.

infoseek.go.com

I believe SCKT has every intent of getting back on NASDAQ in the coming months. The warrants should help SKCT's cash position.

So now we have a microcap with collaborations/alliances with the following:

Microsoft
Motorola (FLEX receiver royalty and contract revenue)
Symbol (in-hand scanner)
Hewlett-Packard (in-hand scanner)
Welch-Allyn (scanners)
Compaq (cards)
Unisys (LP-E for check scanners),
Zebra (bar code printers)
Bell Mobility (phone cards)

Phone cards should begin shipping in a few weeks. The in-hand scanner and Zebra-related products should be shipping later this summer. Socket has a very bright future.

Good luck.
RC