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


To: re: MAX who wrote (1559)3/2/1999 4:28:00 PM
From: Andrew H  Read Replies (3) | Respond to of 8189
 
I expect that we will be weak tomorrow and begin to move up Thursday afternoon in anticipation of Friday's news. Friday should be a good one.



To: re: MAX who wrote (1559)3/2/1999 4:46:00 PM
From: Gutterball  Read Replies (1) | Respond to of 8189
 
If what Microphonics say is true, they have easily locked $20 million of revenues in for the year. And they did it in the first two months of 1999. They have about 10 million shares outstanding.

Now consider Genesis Microchip. They had $14.9 million in revenues the last two quarters and 14.1 million shares outstanding. Their high for the year has been 35 13/16. biz.yahoo.com

Considering Microphonics earnings potential this year ($20 to $40 million), shares outstanding (10 million), etc. MRPS could move to $20 to $40 per share sometime before the end of 1999.

Of course, this claim is made on the basis that the contracts Microphonics has announced are true and that it remains a leader in its industry.