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Microcap & Penny Stocks : Socket Communications (SCKT) -- Ignore unavailable to you. Want to Upgrade?

To: RikRichter who wrote (38)	6/3/1999 11:32:00 AM
From: Mahatmabenfoo	Respond to of 932

> why does SCKT continue to trend lower? Fwiw, my 2 cents: - the trade vol is so light, I doubt if SCKT can really be said to have a market price. It appears to be fluctuating very regularly between around .53 and .71, but I don't think that means that it be bought at the low end and sold at the high. - until SCKT becomes profitable and becomes re-listed, it's trading price doesn't mean very much. OTOH, the mere fact of re-listing ought to be good for a very very exciting bounce. Investors seem excited by come-back kids.... Wouldn't it be great if by patient holding we could all look smart? Here's hoping.... - Charles

To: RikRichter who wrote (38)	6/4/1999 1:04:00 AM
From: R Citrenbaum	Read Replies (1) \| Respond to of 932

Lots of good news and more to come.. but the Street won't notice Socket until they can show us some good numbers. For the stock, however, we may have to see a little volume to get out of this 50-60 cent range. The current price represents a good opportunity to build long-term positions. Fully diluted, Socket has a market cap of less than 10 million. Their collaborations with (1)Symbol (esp. the integrated scanner) (2) Bell Mobility (phone card) (3) Zebra (bar code printers)and (4) Motorola ($2 royalty on each FLEX receiver) represent signs of a very real and promising company. If the revenues really do ramp up as expected, then SCKT could generate very impressive bottom line numbers. IMO, SCKT represents a very good speculative investment. Good luck. RC