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To: Jeffrey L. Henken who wrote (746)3/15/1999 8:35:00 PM
From: Sprintcar  Respond to of 2662
 
To: Jon Scott (3432 )
From: Dave Gore
Thursday, Mar 11 1999 1:20PM ET
Reply # of 3804

FOR NEW AND CURRENT INVESTORS: LET ME
REPOST SOME ADDITIONAL FACTS AND Q/A.
Again, I will update the thread on the success of Myles
Biz trip when he returns tomorrow.

(1) Contracts from Ford alone appear to be for over
16,000 units and several million dollars. Other contracts
announced this year alone (since Jan 1) amount to
several million as well. They are also in current
negotiations with 51 companies....not talks, but
negotiations.

** WHY IS IT UNLIKELY THAT MRPS WILL HAVE
COMPETITION IN THE
NOISE ANALYSIS FIELD FOR AT LEAST 2-3
YEARS?

TWO REASONS: Copywritten software and 5th
generation circuitry (patent pending)
with a 6th generation being worked on. Incidentally
generation 6 will have the software
embedded into the hardware on ROM, most likely. That
design is their "ace in the hole"
in case they need it. They are not stopping with R&D.
This is like cars or anything eles.
IF sales of your current design ever slows down, you
have a new, improved model
ready to go.....smart, huh?

Their proprietary software is what give the units the
highly desired "selective
hearing" that filters out unwanted parts of the sound
spectrum (i.e. factory noise) and
guarantees crucial accuracy. This software code is
extremely complex and difficult to
replicate...very difficult.

Also, the hardware is 5 generational levels above where
it was when CTRL reverse
engineered it. The circuitry, like the software, is also
important and that is why it is
"PATENT PENDING" so no one can SEE how the
design was created. If it was
PATENTED. people COULD see how the design was
created. They just couldn't
legally copy it, but someone would anyway. Micronics
believes it to be safer to not
PATENT the design. I AGREE!

** DOES MRPS HAVE ANY REAL COMPETITION?
All the clues say there is no signicant competition and
even if some comes later (which is likely of course),
MRPS will have a huge head start. NO one has pointed
out anyone that has beaten MRPS out of any bids, not
one.

Again they have won every bid, they have super high
margins, etc. These are all
incredibly OBVIOUS clues that no real competition
exists.

*********** further DD *******
REPOST FROM MONDAY OF VARIOUS
QUESTIONS/ANSWERS:
(1) the 1.4 mil shares of IB Firm is included in the 10
mil O/S number (verified with
Jimmy and Myles); the firm got the shares over a year
ago, so this is why.

(2) MRPS owns the trademarks on the Ultraphonics and
2 other names, which CTRL is
in officially in violation of using, but Jimmy says that
they (CTRL) are so low key in
marketing right now, that why spend any money going
after them. They have an old
product and are not actively marketing it. CTRL main
biz appears to be software (see
ctrl.com
MRPS will pursue if they become more active ever.

(3) Patent Pending (and this was news) is actually the
preferred status. It STILL
protects your design, but does not make public your
schematics that would allow others
to copy it. When you have a patent, the world can view
all your technology but that
does not stop others from copying it. In fact many will
change 10-15% of it and say it
does not infringe on a patent. Then you have
competitor's and patent infringment suits.
They feel they have a 2-3 year window and head start.
IF somebody catches up, they
then bring out Generation 6 which is already being
planned. And then they "patent pend"
that.

This was a nice surprise, and I agree

(4) MRPS is seeking to copyright their software as well,
which is the basis of thier
"signature sound" formula

(5) Their factories now can each produce $3 mil per
month of product

(6) Both factories can are ISO 9002 approved, which is
an important elctronics
standard that both MRPS devices meet.

(7) this one is kind of fun:

NASCAR had MRPS come in to help several drivers
includein Darryl Waltrup and
Dale Earnhardt, etc, but what I liked is the MRPS
equipment had 100% accuracy in
predicting upcoming failures of 28 of 28 engines within
a certain period of time.

(8) News this week (probably 2 releases).... and we can
all just guess when. Long term
investors won't care when exactly news comes out, and
DT's can just be kept in the
dark, as far as I'm concerned.

PS---- other cometitors like SMT or SDT do not have
the "Signature sound", and while
they may have a contract with Ford or GM it is for
vibration analysis... a
non-competiting area



To: Jeffrey L. Henken who wrote (746)3/15/1999 9:53:00 PM
From: Francois Goelo  Read Replies (1) | Respond to of 2662
 
Jeffrey, MRPS will have little difficulty to find additional capacity...

to increase its production in order to meet its delivery commitments. It's on top of the food chain right now and probably for a few more years. It's only handicap is the excessive hype surrounding the stock.
Disclosure: Long 7000 shares MRPS

Regards, F. Goelo + + +



To: Jeffrey L. Henken who wrote (746)3/15/1999 9:54:00 PM
From: Jon Scott  Read Replies (3) | Respond to of 2662
 
Gotta do better homework and recheck the answers
MRPS has publicly stated that the Bulova plant in PA. can handle all the orders they can get.
Look for some reassuring news on them tomorrow or Wed.
You're correct on GNII re. exposure.
But....
The stock had jumped 100%in 1 day not long ago and has since retraced most of that. Look for another similar jump when earnings are released.
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