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


To: Robert Lowers who wrote (3632)3/12/1999 3:13:00 PM
From: learnstocks  Read Replies (1) | Respond to of 8189
 
Bob,
I can't agree with your 3632 more. There really isn't any fault but I don't want things to go further without seeing some numbers.
I feel that the stock's price realistically reflects this situation too. We are valuing it at about 10-12 million market cap. When I invested, I valued it at about 26 M$ market cap. I may have invested with it valued way too low or way too high.
It is a good-sounding company and concept, for sure. I just hope they dedicate another 8 hours of their day to getting these financials out ASAP. That will not only help management, but it will help the investors. And, speaking of investors, I believe that Jimmy Gayle and his family own about 5 M shares or about 5+million dollars on paper right now. They, more than all of us, should want that stock to go up, shouldn't they?
Again, Bob my comments are not meant to be negative toward the company at all.
Vic