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

To: RikRichter who wrote (900)	9/5/2003 6:27:53 PM
From: Mahatmabenfoo	Read Replies (1) \| Respond to of 932

> 5. Exponential growth of Wi-Fi and Bluetooth products (see > recent Barrons article)which SCKT is making a major push in. Yeah, and once that stuff becomes mainstream, it gets incorporated into motherboards. I don't have to buy a SCKT card because in my new laptop wirelessness is built in. > A little DD will tell you that SCKT is a small company > with big intentions thanks to: It's a small company. It can make designs, but much bigger companies can make them too -- maybe better. Last I looked SCKT didn't manufacture anything -- the chips all come from the big boys. > 1. Valuable wireless patents including co-patents with SanDisk (SNDK). Don't fool yourself -- very few patents are "valuable" except maybe defensively. I assure you, the big boys have MORE patents. SCKT's patents almost certainly don't equate to market power -- and one reason we know this is it still loses money. > Who knows, maybe SCKT is the next NVEC? ;-)) Sure, and after the announcement of Cypress's sales at the close of today, they may both go to hell. I don't mean to bash SCKT, it may be a swell company with prospects. But the heights it reached during the 90's were nuts; and that type of mania doesn't often strike the same company twice. - Charles

To: RikRichter who wrote (900)	3/19/2004 7:34:09 AM
From: Mahatmabenfoo	Respond to of 932

Rik wrote: Who knows, maybe SCKT is the next NVEC? ;-)) You got that backwards, pal. SCKT had its boom, then dived for good. NVEC had its boom, and now it's on its way down. Like SCKT, NVEC will reach single digits, and stay there. You need to learn when the party is over. For SCKT, it is over. The chairs are up, the staff left long ago, and you are sitting around in the dark with a party hat on, shouting "whoopee!" and hoping others will join in. Rik wrote: Exponential growth of Wi-Fi and Bluetooth products (see recent Barrons article) Irrelevant. Wi-Fi and Bluetooth are now BUILT IN to devices -- SCKT not needed. As long as SCKT sells standards-based commodity items, it will have this problem over and over. SCKT is a lousy idea for a profitable company, which the market figured out. Rik wrote: In this space new highs were hit this week for SNDK, LEXR, SWIR and NVTL to name a few. SCKT is a puny company with fewer employees than Sandisk has receptionists. Sandisk has more GARDENERS for the company grounds than stupid SCKT has employees. The only 'space' here is between the stars in your eyes. - Charles