IC article today about 10 companies with the potential to turn their penny share prices into pounds.....MXC is one of them....read a few of the past RNS's.....contracts with Vodafone, expected to win a global Vodafone contract....they have the ex.chairman of Cisco Systems UK at the helm etc...

Potential is vast but un-recognized.....

well folks, looked for the results first thing AM was pleased to see results which I thought were good. A little dissapointed that the price did not lift but I think the news has been in the price for some time. IMO the blame lies with the speculation on the VOD contract extention which has not come to fruit yet as well as the stupid expectations of some. On the upside the general market conditions are tough at the moment but the real good news is the steady build up of the company and the way it is being handled. This is a long term play for me and to be honest I am looking for retraction to purchase more, any weakness below 3.5 is a buy opportunity for me but this has to move trough two support levels and I do not see that happening unless weak holders panic get fed up and move out. My target for year end is now circa 6p, which I will be happy with. Of course I hope I am wrong and the price lifts in August and at year end. Anybody else got any views.

i listened to ian smith (matrix head man) on advfn broadcast today, loads of good stuff:

1) details of latest acquisition within 7-8 weeks
2) The global Vodafone contracts that everyone awaits are NOT THE BIGGEST of the contracts they are going for at the moment
3) They are looking to sell their mobile phone security service to providers other than Vodafone and are in talks with others now
4) They are short-listed for the Vodafone contracts
5) More acquisitions are likely
6) They believe turnover for the full year to be 10.5m which compares with Daniel Stewarts 7m. Smith expects turnover to rise to 20m in 2005 and 24m 2006. This is on the business they have now NOT on including any future acquisitions or new contracts

7) To be top 5 they need turnover in excess of 100m
8) Cross selling to clients seems to be going well
9) When they win contracts they can be easily in excess of 1m...
10) I seem to recall him saying they are getting new clients at 3-4 a month

BLOOMING HELL JUST PUT ON MY PC EXPECTING A SMALL RISE AND ITS SUNK FURTHER I WONDER WHY SO MANY PEPS ARE SELLING?????

http://www.saturn.uk.com/dsc_admin/Matrix_interim_june_04.pdf

Some usefull info in there to have a read of, they estimate 4.75 before contracts.

I think some people like Wantu777 fail to realise that this is a long term punt and are trying to panic people with rash statements as too the price and trading patterns
Also i am not sure if anyone can help me i know this is the wrong forum but there seems too be some people on here who understand the markets
My problem is i have some Telewest shares and would like to know what a listing on the U.S. NASDAQ market will do too shares owned by investors in the UK ??

Just topped up on Matrix @3.75. This is a good buy oppotunity.