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


To: Sprintcar who wrote (4682)3/30/1999 9:13:00 PM
From: J Walter Jacobs  Read Replies (2) | Respond to of 8189
 
My point earlier was that many seem to be missing the big picture. You've just summarized it. Now taking those figures we have a price to annual sales per share ratio of .36. Grocery stores have a price to sales ratio of 1! Growing companies typically command a ratio of 3 or 4 to 1. By this standard MRPS is grossly undervalued. Look at the price to sales of most of the internet stock.



To: Sprintcar who wrote (4682)3/31/1999 5:50:00 AM
From: r g potgieser  Respond to of 8189
 
yeah!
so we can relax no matter how low the stock falls because in the end we will be rewarded.
Either that or a fraud.
I am still confident, but hope for more facts. As someone stated, if these figures are correct we may go to 120$
RG



To: Sprintcar who wrote (4682)3/31/1999 9:22:00 AM
From: Joe-MA  Read Replies (2) | Respond to of 8189
 
Sprint, I think your figures re revenues are overstated. I have annotated your figures below:

>>> lets see what we have here, please correct me where ever you feel I am incorrect. Based on Press
Releases..

>>> 1/14/99 Ford Deal
6553 facilities x1 per facility(est.)x$2,000 est cost= 13,106,000

( I believe these are the smaller units sold for no more than $450. each. Also, this is a year contract I believe so no more than 50-60% in 1999)

>>> 2/3/99 GM Deal
64 plants x 20 units per x $2,000 est cost = 3,200,000

(They have only sold to the Pontiac plant - 20 i think on an order of 40 - they have demoed at Dayton - and will do so at others - but I think you're off here by at least 50% or more for 1999)

>>>2/10/99 F & M
1000 units x $2,000 = 2,000,000

(Thisis a distributor through 5 states which has an order for 75 units per month - no more than 500 for 1999 at a cost i am guessing less than $2,000)

>> 2/23/99 SPX Lowener
9700 units x $450 = 4,365,000

(Same as Ford above - do not know number sold for 1999 - would cut this in half as well though)

3/2/99 NASCAR
R & D 0

( I was told NASCAR was a "paying" customer - meaning they are buying some. Don't know volume)

3/9/99 ARCA
R & D 0
(ditto above)

3/11/99 Army Corps
?

Total Estimates At Present $ 22,671,000

( Doing a real quick correction I speculate less than 10 mill from above in 1999 - BUT, even at 8 mill in current contracts, not counting anything for the rest of the year and chopping off 50% for overhead to boot, along with 40% tax - we get $2mill minimum which is .20 cents per share which at a 15PE ======= $3.00 per share value.

A ridiculously low conservative guesstimate, admittedly, which I think shows why we are all here. Now if we could get the company to give us a real summary of real revenue from existing real contracts, we could do this for real.

Joe-MA