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


To: Andrew H who wrote (1206)3/1/1999 10:54:00 PM
From: Due Diligence  Respond to of 8189
 
>>>Some of the folks on the thread are getting a bit irrationally
exuberant.<<<

For various reasons,
Relax,
DD



To: Andrew H who wrote (1206)3/1/1999 11:01:00 PM
From: pressboxjr  Read Replies (1) | Respond to of 8189
 
<<We should gap up at the open.>>

Judging by the close today, that would seem a safe bet, IMO.

JR




To: Andrew H who wrote (1206)3/2/1999 12:20:00 AM
From: Dave Gore  Read Replies (1) | Respond to of 8189
 
NO-HYPE MICROPHONICS STOCK PRICE IN JUNE: $8 - $15? (see post #1226) and comment when you have time. This is NOT HYPE, but a basis for figuring what this stock is worth...let's all discuss it. But please we need the accountants to help out here. No hyping necessary. Again that just turns potential investors off.

As I said, I don't think I am way off since they announced they had about $10 Million in orders lined up as of April 1998. So my estimate of $17 Million for all of 1999 should be reasonable. The biggest variable is Costs and Overhead, but I figured $7 Million Costs on $17 million Sales as COGS (cost of good sold). I am no accountant, but again I think I was very conservative. Maybe others who are bookkeepers or accountants could comment.

** The MARGINS are what is amazing! ....so high that the gross profit and net profit numbers far exceed what is typical. The numbers floored me, quite frankly.

This is even figuring large discounts and quantity breaks for Ford and GM and the like. Smaller orders will carry closer to full margins.

MRPS INTERNAL COST per Miles:
Basic Unit: $500 retail, cost $83
Large Unit: $3,000 retail, cost about $485.