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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?

To: christopher who wrote (692)	2/27/1999 8:27:00 PM
From: Mike Perras	Read Replies (1) \| Respond to of 8189

Careful with 'the sell' order .. I bought MRPS at .60 & had a sell order at 1.20 .. figuring, hey 100% is great, why not & when it flew past .90 & over 1.00 in record time I called to cancel the sell order .. now I'm calling a Canadian broker who has to try & cancel an OTC NASDAQ stock .. we did, but hey I was sure we sold it ... I was lucky! Mike

To: christopher who wrote (692)	2/27/1999 8:42:00 PM
From: Bill on the Hill	Read Replies (1) \| Respond to of 8189

I have been successful picking up shares in BB issues lately by placing trailing buy orders at the bid price. I tried this on MRPS on my second order and it did not fill so I changed the order to a limit at the ask and it took 15 minutes to get the confirmation. Looking at the excitement building I believe that Monday morning the price will begin to go up in premarket and by open could be up to a bid of $1.50 and for a few minutes the MM's will let it run. It most probably will make $1.70 to $1.75 at which time there will be a dumping of shares by the daytraders that went against there no-hold rules on Friday afternoon knowing that the interest in the shares would continue through Monday morning trading. Once the sell off takes hold the price could fall to $1.00 to $1.25 at about 10 am to 10:15 but your finger better be on the trigger to load up. The minute I see the ask stabilize for three or four trades on its low that is where I will be buying. It will rise from there like a rocket and the next trading stop will be at $2.00 to $2.25 where it will do the same again to a $1.50 to $1.60 price where the MM's will load for the afternoon gallop to close. I expect to see a close on Monday of around $2.50 give or take a few. If the company has a stunning press release all holds are off of this one because of the interest and the fact that I am sick of hearing about the internet issues and have been looking for a real hands on company product that would run like a quarterhorse to the finish. This one is it. Period. If I am sick of it that means everyone is sick of it. That also means that others are looking for places to stick the money. Just a matter of being in the right place at the right time. Is this both? Monday about 11 am I will know for sure. See you all here then. Bill on the Hill - rethinking my sell 1/2 statement. I know I have revised the sell point upward. Depends on the press release as to when I will relenquish 1/2 my share. If I have goose bumps when I read it I will hold them to $12. If not then $5.