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Microcap & Penny Stocks : MSU CORP-----MUCP -- Ignore unavailable to you. Want to Upgrade?


To: Jxcxjx who wrote (664)4/27/1998 2:44:00 PM
From: JDN  Read Replies (3) | Respond to of 6180
 
Dear JXCXJX: Please review the latest 10K. Company LOST over 2,000,000. In fact they have apparently never made any money and received a GOING CONCERN opinion meaning the Company may not survive. The 1 1/2 million you refer to is GROSS REVENUE not EARNINGs. I am not trying to be mean here, I just want people to understand this is a very SPECULATIVE company. Everyone seems to feel that the founder can do as he pleases. IMHO he is desperate and will jump at any deal to save the company, not the other way around. Keep your eyes open on this one. JDN



To: Jxcxjx who wrote (664)4/27/1998 10:57:00 PM
From: Hawkmoon  Respond to of 6180
 
John,

I agree. MSU has always had the promise of making BIG MONEY. Hell, that's why I was so enamored with the stock several years ago (of course the boiler-room manipulation by Global Financial Traders didn't hurt the stock, that is until they were slammed by the SEC for American Motorsports)

MSU shareholders have all faced a barrage of disappointments and misleading statements. However, I don't have to trust MSU's information. I can look at USW and AIME, knowing that MSU's proprietary technology is behind it.

I've heard many stories about the deals that "almost were", only to be quashed by Holloway's greed. OAKT allegedly was interested in some of MSU's designs until Holloway (this is 2nd hand, mind you) told them several of their coporate officers to literally .... hmmm.. metaphorically speaking, "lick his lollipop" (his actual words were supposedly more graphic) because they were unwilling to meet his financial terms.

Holloway's obstinence has worn out many MSU's staffers and officers over the past several years. Keith Hall, former director, supposedly developed such extreme high-blood pressure dealing with Holloway that he got to the point he only worked 1-2 days a week. And this was the guys that introduced Apple products to the UK. He left that company back in early 1997.

I'm keeping my fingers crossed. If it happens it should be big since the leverage is now on MSU's side. AIME has bigger fish to fry with USW and would be stupid to be penny wise and pound foolish in their dealings over licensing Slipstream.

I just keep pondering what would have happened had MSU diversified into a software firm and became a WebTV competitor in their own right.

(sigh... )

Regards,

Ron