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Technology Stocks : MVSI - AN UNDISCOVERED GEM -- Ignore unavailable to you. Want to Upgrade?


To: Bankceo who wrote (463)3/26/1998 8:57:00 AM
From: JOCKO  Read Replies (2) | Respond to of 627
 
Thanks Much



To: Bankceo who wrote (463)3/28/1998 4:12:00 PM
From: marty dorf  Respond to of 627
 
MVSI
NEWSLETTER
********************
ISSUE 03-27-98 ( 14 )
WRITTEN BY : MARTY DORF

THIS NEWSLETTER IS FOR MVSI INVESTORS FOR INFORMATIONAL PURPOSES
AND NOT INTENDED AS AN INVESTMENT NEWSLETTER
*****************************************************************************

I was on the road Friday and was just as shocked as everyone else as to the 3/4 pt decline just before the close. My e mail when I got home was longer than my wife's grocery receipt, but I did manage to respond back to most everyone.

Before I comment on the price drop, I did obtain some positive information early in the day from my reliable MVSI sources. The second quarter is just about wrapped up and during the last 30 days of the quarter, revenues increased almost 100 % from the march 97 numbers. This should have an outstanding effect on the second quarter numbers which will be out before May 15. Also MVSI / Socrates received over 200 serious inquires from Federal Agencies during last weeks FOSE Show in DC. These inquires requested pricing quotes for computer training, computer upgrading services, software development and IT work. Also news which I put out last week, Socrates will be working with a Japanese firm on a co-venture and they will move into the World Trade Center in New York City before June 1 . This NYC location will give MVSI / Socrates good exposure in the NYC financial area.

Now to comment on the stock price. First there was nothing going on inside MVSI to cause this to happen. I checked all divisions, people, connections and everything is doing great and no " hidden secret news " was leaked to make MVSI drop.

I talked to several of my " stock market " sources and what probably happened I will relate to you. There are possible three reasons :

Reason 1 : A large investor probably had a margin maintenance call Friday and he or his broker sold 30-40 k at market all at one time. Most maintenance calls are sold after 3:00 PM or 3:30 PM, so the timing was about right. Since MVSI volume was very low Friday, a sell order at market just before the close caught everyone packing up for the week end and un-supported by market makers.

Reason 2 : It is possible that someone short sold MVSI, but with the good news pending, I would hold this situation to about 5%-10 % probability. I don't think a trader would risk this because market makers will buy back on Monday. I will check Barrons on Sunday to see if MVSI short interest was up 30-50 k from last month.

Reason 3 : And finally, it is possible that an investor who is not informed on MVSI sold a large block, 30-40 k at market. This investor probably was ill informed about how to sell a small or mid cap stock. Rule 1, you do not sell it all at one time, sell a portion, a few thousand shares every hour so that the price will not drop all at once. This person and his broker should be shot on sight or at least get a good whipping if they did this. With internet trading on your pc, investors are doing trades without the guidance of professionals. Who every sold their position at market on Friday was not a professional..

I do know this for fact. There is nothing going on inside MVSI to cause the price drop. No insiders are selling, revenues are rising, earnings are up and new contracts are being signed as I speak. Many of my e mail this morning indicated that they will be buying Monday. As of this time 12 : 45 PM Saturday, I have e mail promising to purchase 250,000 shares on Monday. This is a very bullish statement and if MVSI was shorted, that person will be really surprised on Monday.

So in summary, I hope I made you feel a little better. MVSI is going to do just fine over the long run. The next 4-6 weeks will be great. Do not let one idiot spoil the fun, we will get our revenge on Monday, I promise everyone that. We now have over 200 MVSI Investors on this Newsletter. This is 1/8 th of the total 1600 investors on record. If every person on this list purchased 1000 shares on Monday, we would have a real team effort here. Actually, that would not be a bad idea.

I will post this newsletter on Yahoo, Silicon Investor and Motley Fool to try to get to more MVSI Investors. If you know of any investors who would like to get the newsletter, please e mail me. This newsletter is free and a provides information that is not on the news wire . My goal is too have 800 MVSI Investors on the Newsletter so that everyone is well informed. Just for your information, I had a new newsletter person e mail me the other day who still thought that MVSI was in only lasers and asked if they were making any medical lasers. We will cure this problem with information.

Newsletter request : firehouse 4 @ aol.com

Have a great weekend,

Marty

PS : thanks to Bankceo, Bensmoney, Bymorstock, HR, for your support