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


To: VMan who wrote (3578)3/12/1999 12:16:00 PM
From: Dave Gore  Read Replies (1) | Respond to of 8189
 
MRPS UPDATE: Conversation with MRPS this morning.

No news will be coming today of course. They just had news yesterday. There are some nice things happening and more news is bound to come next week (if I can read between the lines). But it looks like some folks are selling as if they know no news is coming for a few days.

That may be the case, but we also may see something come on Monday in relation to NASCAR. Nothing is planned, but as you know, a company must release news in a timely manner, so if something happens over the weekend at NASCAR in Atlanta we may have something. There is a good chance of some news next week and a good chance Jimmy will get interviewed. Also another contract is likely, I feel.

There is also a very likely chance that a contract summary will be issued at the end of next week or early the following.

In short this is a very real company folks and when they have 2-3 contract announcements in a row, I think it is inevitable that will will test the old highs. This is what I told Myles. I wish DT's would leave this stock alone, but they will stay with us for awhile and sell on run-ups. That is why we are drifing down....expectations still to high and when there is no news we go down it seems.

PS-- Got an email from Jimmy on UE as being the only real competitor but UE's products are less successful in 2 ways. One they do not filter ambient noise as well (a big negative for UE) and their products are much more difficult to use and tune.