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


To: Alfred W. Post who wrote (931)11/27/2004 12:34:01 PM
From: Mahatmabenfoo  Respond to of 932
 
> will want to buy them.

why?

My impression (correct me if I'm wrong) is SCKT products either have short life spans (as the Bluetooth etc. gets integrated into devices without need of a card) or occupy niche areas that may be profitable but by definition are small.

So that leaves SCKT's engineers -- about 30 of 'em, maybe. But they're not likely to be so great that it'd be worth buying out a public company.

I forget exactly -- didn't this zoom to 50 or 90 or something back in 2000? Whatever drove that enthusiasm might still apply now, but the market was pretty inebriated then.

- Charles