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


To: Jon Scott who wrote (2901)3/9/1999 9:30:00 AM
From: christopher  Read Replies (3) | Respond to of 8189
 
Hi Jon,

Although there is some truth to what you say about every issue turning into a "sky is falling" scenario the other side of the coin is this is a BB stock without independent verification of company information...therefore a higher level of scrutiny is sometimes called for...you know if you invest in a stock listed on the NYSE or NASDAQ National that a company has been poured over with independant auditors and there is less likelyhood that anything is a little haywire, although games are played with NYSE listed companies also...but for me when I invest in a BB vs a listed company I give them different levels of scrutiny just for that reason...for instance I know a listed company can play with the books, it's just BB's tend to be more prone to do so...but that's why this stock is selling for a buck fifty instead of 5...if this were a listed stock and all company information had been verified by independent auditors I suspect MRPS would be selling more like in the 3 to 5 dollar range today...

Chris



To: Jon Scott who wrote (2901)3/9/1999 10:07:00 AM
From: learnstocks  Read Replies (1) | Respond to of 8189
 
Jon,
At the risk of running on and on about this, in your 2901 you answered Joe-MA's questioning of the CTRL trademark claim.
Perhaps I misinterpreted your answer to him, but I felt you were trying to tell us all to just forget about this. I guess your last sentence in that post hit a nerve with me.
I don't really look at myself as a "nervous junior detective". And, I am not "looking for a confirmation to get out and into something safer".
I do like to know everything and I mean everything that could impinge on my decision to "invest" in a stock. Now, I know a bunch about Cisco Systems (CSCO) in which I have invested. But, I know very little actually about MRPS. I am not going to put money into a stock and keep it there, if I find out later that the company has some really factual negative problems that will affect the long term future growth of the company. If that is being a nervous junior detective, then, I guess, that is what I am.
Vic