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

To: GARY P GROBBEL who wrote (143)	6/26/1999 3:34:00 PM
From: R Citrenbaum	Read Replies (1) \| Respond to of 932

SCKT remains undervalued... The company has generated contract revenue from Motorola and will earn $2 royalty per unit when the FLEX receiver is introduced. The newer CE units allude to shielding- they're referring to Motorola's FLEX receiver. reFLEX development may move along fast enough that we won't see a big push for the FLEX receiver. I sense that SCKT will be part of reFLEX, as well. Over the last couple of days, I've spoken with Mike Gifford and Kevin Mills at Socket. It sounds like we're looking at the following: 1) additional OEM type relationship(s); perhaps we'll hear something over the coming weeks. 2) a major push by Microsoft for the connectivity kit beginning around September 3)early sales of integrated scanners. Early feedback is very, very strong. All along, we've thought integrated scanners and bar code stuff alone could make Socket a viable company. I gather that Microsoft is looking for significant attach rates to phones. They see the phone card as a mechanism to promote the CE platform. Whether it's HP Jornada, Philips Nino, Compaq Aero, Casio E-100, whatever--- all will use Socket's card. Socket is the endorsed link to phones. It seems that with over 150 million GSM subscribers and over 50 million CDMA subscribers, and new subscribers signing up at an amazing rate, selling a million cards is realistic. At about $70 per card we're talking $70 million in revenues for a million cards. Use your imagination for earnings, appropriate PE values, etc. Not to mention that wireless is becoming a HOT stock sector. IMO, Grandslam homerun. Good luck. RC

To: GARY P GROBBEL who wrote (143)	6/26/1999 7:33:00 PM
From: gizmo&jack	Read Replies (1) \| Respond to of 932

Agreed, Gary. Many investors sold after the MSFT announcement because they had made 100% to 200% gains. Fairly logical. Many investors maintain simple rules like "sell half on a double" so that they can essentially play with "free" money from that point on. It doesn't matter at all what the potential of the stock is. It's their rule regardless. Which keeps the stock price down for a couple of days and gives new investors a chance to accumulate before forging ahead to much higher ground. You gotta love situtations like this. It is extremely fortunate and next week and all summer for that matter should be very fun with this one.