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

To: Dave Gore who wrote (2617)	3/6/1999 10:55:00 PM
From: Jon Scott	Read Replies (1) \| Respond to of 8189

Dave- tomorrow's a trading day. let us all rest now.

To: Dave Gore who wrote (2617)	3/6/1999 10:59:00 PM
From: Archie Goodwin	Respond to of 8189

Yes, that is better! Presentation is everything. As a potential investor looking at your second post I would be interested and not so prone to dismiss as I would with the first post. By the way, I'm looking to get in but only if it drops to 5/8 or so. If it doesn't I'll catch the next one. I sincerely hope you and everyone here do very well. regards A.G.

To: Dave Gore who wrote (2617)	3/7/1999 10:23:00 AM
From: learnstocks	Read Replies (1) \| Respond to of 8189

Dave, Re your post 2618, I appreciate the work you have done so far. I do wonder something about the investment banking(IB) firm though. Is there any way to find out the name of the supposed defendant (the investment banking firm)? It would be interesting to me to learn the details of the "breach" that is the cause of the breach of conduct suit. I am fairly confident that this type of information would not be released by the firm to us upon advice from the company attorney. Maybe the lawyer types reading this thread could tell us whether or not the IB firm would be likely to counter sue. I would if I were the IB firm. From the standpoint of investors, I for one, have mixed feelings about a law suit. On the one hand, a $4 million win of MRPS against the firm would be very welcome. On the other hand, lawsuits never are easy. MRPS may or may not win. And, if MRPS does win, the awarded damages may not be $4 million. They could be more or less. That would lead me toward considering arbitration. I do think you may be overstating in this post when you say, "It is a 'breach of contract' suit, so the IB firm will have to proof (sic)that they earned their 1.4 mil shares." IMO, lawsuits are not that straightforward. Otherwise, I enjoyed this post. Vic