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


To: Sprintcar who wrote (1816)3/3/1999 6:26:00 PM
From: Robert Lowers  Read Replies (1) | Respond to of 8189
 
The second RB post from JoeMA (#781) Call to Miles-addendum

One last bit: Their contract manufacturers are UMM Electronics of Indianapolis, IN (large mainly medical supply) and for the automotive unit-Bulova of Lancaster, PA

Bob



To: Sprintcar who wrote (1816)3/3/1999 6:46:00 PM
From: learnstocks  Read Replies (2) | Respond to of 8189
 
Sprint,
Great post(your # 1816).
This brings up some questions in my mind, which are as follows:
1. As to the 25-30 A07 units being shipped weekly to Ford. Let's say they are shipping 30 a week or 120 a month or 14,000 a year to Ford.
If we estimate the net selling price at $400 a unit (based on 60% of retail, more or less), does this mean that gross revenue per year from the contract to be about $5.6M? If we use a profit margin to be 30% of gross, we estimate net proft from this contract to be $1.7M, more or less. Does this sound reasonable.

2. Based upon knowing personally how NASCAR works concerning new items, it seems very plausable that they went to the races for 3 years to prove the viability and reliability of the units AT NO PROFIT before they "won their spurs" from NASCAR. Does this square, Sprintcar, with your racing knowledge?

3. I can understand the reluctance to discuss any details of some past IPO discussions or possible transactions. Why? There could be SEC ramifications. For the past efforts or for any future IPO thoughts. I know I would never discuss anything about any IPO thoughts that I may have about any stock that I would have to report under SEC rules and regulations. Would YOU?

4. About the SPX private label Europe contract, I would have lots of scepticism. Especially if told that it was for 10,000 units. I would really do some due diligence on checking this one out. I have too much knowledge of marketing in Europe to believe anything that the Belgium or Italian offices of their distributor in Europe would say unless I went directly to the customers and confirmed the orders.

More later. This information, however, Sprintcar, is very very interesting.
Vic



To: Sprintcar who wrote (1816)3/3/1999 7:16:00 PM
From: Gutterball  Read Replies (2) | Respond to of 8189
 
The problem I see with MRPS at the moment, there is no way to value the company. As such, the only thing supporting price is PR.

It now appears the news Friday will be a non-news event. As such, we may see some fools buying tomorrow (Thur) in anticipation of cashing in Friday, But my guess is, Friday after the news is known, MRPS will pull back and continue to drift downward over the following days until more is know about the company.

The comment that Jimmy is talking to a brokerage house suggest Microphonics is looking to do some financing which is OK and probably necessary so Microphonics can produce the products we expect them to sale this year.

The fact MRPS came to life via a reverse merger is not a plus in my book, but I am willing to give them the benefit of the doubt.

A positive 1998 is a plus and could provide valuable information regarding a revenue growth rate, which BTW I'm hoping will be greater than 50% and more like 150%.

MRPS has a lot of work ahead to deliver on its promise. This work includes becoming a reporting company and getting listed on the NASDAQ. These two things will take a lot of speculation out of the price and lead to higher stable prices. Something we all seek.



To: Sprintcar who wrote (1816)3/3/1999 7:39:00 PM
From: Fbk32  Read Replies (2) | Respond to of 8189
 
Good Job! Greatrepost of a call to Miles....it seems everytime we call him we get a bit more info, and I want to buy more shares... You gotta love MRPS, and this great group of folks here on this thread!!

Thanks Sprintcar

Brian Connolly