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

To: Gutterball who wrote (5732)	4/16/1999 7:23:00 PM
From: J.N.N.	Respond to of 8189

True. There are probably way more people that have been killed by BB's than people that have been made very rich. By the way, isn't that the reason we are all in this anyway. Just read Barrons every week and see how many companies never make it vs. the companies that turn out great. It is never foolish to be vigilant and cautious! Good Luck to All. Also on vacation next week (Aruba). I won't be checking, and like D. Gore says - I won't be worrying as much after this week. : ) Onward and Upward. Stop looking back. May be the best opportunity we may have in a long time.

To: Gutterball who wrote (5732)	4/16/1999 7:35:00 PM
From: learnstocks	Read Replies (1) \| Respond to of 8189

Dan, you again are "spot on" with good advice. Fortunately, I bought a bunch more when the price was down around 1. I averaged much lower and since have made a good profit on trading MRPS. So now, I have a good position as a long-term investor. But, as you said, "use caution when buying MRPS". It took much more capital than I wanted to use to get myself into a good position. And, to repeat what you said, "There is a lot of hyping of this stock and dependence on PR to move price." Fortunately, I had the available cash to change what was, on March 3, a very bad position. And, it took some real attention and buying and selling to reposition. Fortunately, the price moved up this week to over 2 and I was able to implement a plan for recovery with which I am now very comfortable. I learned to be smart and to control my own greed though using this thread as a learning tool. So, Dan, I implemented your advice already. And, it is very good advice for anyone to take. I know. I had to scramble to reposition. Your advice could be heeded by all. MRPS may or may not rise significantly. I hope it does rise. For those counting on this to be their saviour, I wish them all good luck and hope all are made zillionaires.