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

To: learnstocks who wrote (1632)	3/2/1999 10:07:00 PM
From: Robert Lowers	Respond to of 8189

Vic, I'm no expert, but from what I have heard in recent years, the service department is where dealers make a lot of their money...they can sell the car only once, but chances are they'll see the car more than a few times over the next several years in the service dept (and they get paid for warranty work at the same rate). I would think that if a device like MRPS can uncover MORE problems and allow the mechanic to save time diagnosing the problems, it would increase the service dept's volume and efficiency (they charge a flat rate by the book for a given job whether it takes more or less time than the book calls for, after all).

To: learnstocks who wrote (1632)	3/2/1999 10:14:00 PM
From: Rich Investor	Read Replies (2) \| Respond to of 8189

Well I see that the RB boards have gone completely off-track due to today's price action on MRPS. Seems as if some are losing faith and predicting a further decrease in price tomorrow or at least until more news is released. Looks as if some on this board feel the same, and its natural given the expectations we all had since last Friday. Having played OTCBB's before, what we saw today was a combination of profit-taking, panic selling and short manipulation that caused the price to falter. Definitely not a signal that fundamentals have changed here one bit. Given that I've experienced many P&D's in the past, I don't see that as being the case here. This is a rare opportunity to invest in a quality BB stock that has true potential having traded at $20 only a few years back. I am not saying we're going to see $20 tomorrow or even this year, but I will say that this stock is still a bargain at these prices and I can only see blue skies ahead. I am sure many share the same sentiment, and if you still believe in the company and where its future is headed based on its product and demand, you'll ride out the ups and the downs and not interpret every downtick as a sign things are falling apart in a hurry. Especially the case here since this is not some "hyped-up" NET stock where its all style and no substance. I agree with those however, who strongly urge the company to hire a quality PR firm ASAP to get the news out more effectively. Under such circumstances, we might have closed nearer to $3 today IMVVHO. Having said all that, I hope we don't lose focus as to why we invested in MRPS in the first place. I realize that its kinda hard for some of us though when trading OTC's, but if you stay long and strong you'll be handsomely rewarded sooner than you probably think. GOOD LUCK TO ALL!