SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Micros-to-Mainframes (MTMC) -- Ignore unavailable to you. Want to Upgrade?


To: MoneyMade who wrote (52)2/8/1999 1:11:00 PM
From: Lucky888  Respond to of 133
 
MoneyMade -- Since I can not short it.. Maybe I just go long.

However, I need a good reason to do so....
My research on MTMC does not indicate any good reason...



To: MoneyMade who wrote (52)2/8/1999 1:29:00 PM
From: Roofman  Read Replies (1) | Respond to of 133
 
Whose target is $40?



To: MoneyMade who wrote (52)2/8/1999 1:32:00 PM
From: MoneyMade  Respond to of 133
 
NEWS--- up on e-tail site
Company also tapped as SmartMoney recommendation

By Ron Feemster, CBS MarketWatch
Last Update: 12:54 PM ET Feb 8, 1999
See: NewsWatch

VALLEY COTTAGE, N.Y. (CBS.MW) -- Shares of
Micros-to-Mainframes became the latest beneficiary of the now-familiar
leap that greets virtually any announcement that a company is expanding
its business to include e-commerce.

In response to Micros-to-Mainframes' announcement Monday, investors
sent the stock (MTMC) screaming upward. It peaked at 12 1/8. By early
afternoon, the stock was at 8 3/4, up 2 3/8 (or more than 37 percent) on
volume of about 6.4 million shares. Over the past 30 days, the stock's
average daily trading volume was about 30,000 shares.

The company's two new e-commerce sites, which
are expected to be "fully functional" on March 1,
will offer custom-designed computers and
accessories on one site and "high-end service

offerings" on another, the company said in a press
release.

Micros-to-Mainframes noted in a separate release
that it had been featured in SmartMoney magazine
as a "recommended buy."

Micros-to-Mainframes is a profitable designer and
installer of network systems and Internet sites and a
reseller of Cisco routers as well as Microsoft and
Novell software systems, according to
SmartMoney.

The company earned $215,000 on net sales of $15
million in the quarter ended Sept 30, 1998,
compared with $128,000 on net sales of nearly
$17.4 million a year earlier.

The company invited guests to tour www.orderpc.com, the hardware
sales site it is currently constructing.

Ron Feemster is a reporter for CBS MarketWatch.



To: MoneyMade who wrote (52)2/8/1999 2:25:00 PM
From: TradeOfTheDay  Read Replies (1) | Respond to of 133
 
Another gap & trap.... ?