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


To: Bond007 who wrote (205)7/4/1999 5:50:00 PM
From: Mahatmabenfoo  Read Replies (2) | Respond to of 932
 
> When will the surge begin

When it gets relisted, IMHO, which won't be for many months. A lot of funds (etc) almost certain have rules against investing much or anything in unlisted companies. But I've expressed that opinion before (sorry to repeat!); I'll stop expressing it for awhile...



To: Bond007 who wrote (205)7/4/1999 8:29:00 PM
From: R Citrenbaum  Respond to of 932
 
I believe the surge will begin soon...

We knew there was a lot of stock overhang and the heavy volume over the last couple of weeks has taken care of most of it. A little news could give us the necessary volume to move to the upside. Earnings on July 28 (hopefully close to break-even) and a VERY upbeat conference call should also help the stock.

I wouldn't figure on too much time at these levels. IMO, we'll be MUCH higher over the next couple of months, long before a NASDAQ listing.

Good luck.
RC