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


To: Gutterball who wrote (1582)3/2/1999 5:42:00 PM
From: LT  Read Replies (1) | Respond to of 8189
 
Ok I see where you are coming from there.

Thanks :)

LT



To: Gutterball who wrote (1582)3/2/1999 6:00:00 PM
From: D. RUTTER  Read Replies (1) | Respond to of 8189
 
Dan, I have 3 problems with your scenario.

1) we both know neither Ford or GM are paying $3000. for their units.

2) I know that GM is buying the larger unit for their production plants. My guess is the units for the Ford Stores will probably be the smaller units for the mechanics to use.

3) I work for a Ford dealership and Ford DOESN"T buy anything for us, when they get new equipment they will get us the latest info and STRONGLY URG the DEALER PRINCIPAL to BUY. I believe and you can correct me if I'm wrong but I read somewhere that the agreement with FORD was to provide up to 6 units for each of its 6550 Ford and Lincoln-Mercury dealerships nation wide, and my Dealer Principal is preatty tight with his $$$ especially when it comes to spending BIG $$ for new equipment in our service dept. So you probably will see the Ford revenue over the next 2-3 years (IMO). Knowing how slow most dealership owners move when it comes to spending their precious $$$.


Dave

BTW.. The Ford Store I work for is one of the largest in the world..



To: Gutterball who wrote (1582)3/2/1999 6:02:00 PM
From: Kevin McKenzie  Read Replies (1) | Respond to of 8189
 
The trouble with selling a stock with a lot of upside potential, is that it is easy to get forced out of a good position.

Agreed. Many people refuse to repurchase a stock at a price above their sell price. I know I've done this (with stocks like AOL, DELL, PPD, EGRP). Not that MRPS is in that league of stocks, but I do think it has good potential.

However, MRPS definitely lost some short term momentum. Bill gave us some good advice, to take some profits from the table. If you're riding free or very cheap stocks, you don't sweat the moves as much. It did concern me a bit when people started saying they were "breaking open the piggy bank" or "selling my other holdings" to purchase more MRPS. That makes for weak hands.

What amazes me is how a stock can be perceived as "the most undervalued BB in years" one day; then the next day (after a positive news release) the talk and momentum turns negative. I don't think I'll ever get used to that (even though I'm finally figuring out how to profit by it).

Just my two-cents. All of the news releases made by MRPS have been pure substance; free of any hype or fluff (unlike most other PR's). With the exception of the January 15 "Corporate Profile for Microphonics", every press release refers to a new contract to supply product to a new customer.