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.....

Matrix buys again

Matrix Communications, the telecoms group formerly known as Offshore Telecom, is close to making another acquisition. The company is assembling a suite of products to turn itself into a useful provider of telecoms and IT network help to its blue-chip clients, and is said to be paying 2.3m for Decorum Networks, a specialist in voice over IP, a key telecoms technology. Decorum's customers are a fine list, too, including the City of London Police and Swiss Life.


http://news.independent.co.uk/business/analysis_and_features/story.jsp?story=515203
http://www.decorum.co.uk/main.htm

HI FOLKS KEV HERE WOW AT 8.15AM BUY WAS 4,90 THEN A PULLBACK BUT UP IT WILL GO THIS TIME NX YEAR WILL B MILLIONAIRES THIS ONE IS GOING ALL THE WAY GOODLUCK ALL

This share is slowly creeping up, am hoping for it to continue this upward trend for the next week at least. Cant see why it shouldnt espcially with all the good news comming out about it.

Creeping up!!!!!!!!!!! I wouldnt say creeping but it keeps me smiling.

FOLKS I SAID ON HERE SAT THIS WOULD HIT 4.75 OR MORE ON MON YIPEE DOO DAH

loving it as the song goes, how much further is this baby going to go anyone got any realistic targets?

An absolute Gem!!!

Well done Kevin88889, glad you were right and I was wrong, big question can it break the 5p and hold. What I would give for the vod contract confirmation now and supported with good interims.....well who knows.

Anyone know why this is going down today? Cant find any reason for it.

Thanks

Usual mm tactic.

Not healthy to keep on rising without a pull back. The steeper the slope up - the higher the cliff to fall off

SO THE VULTERS HAVE BEEN TAKEING PROFITS WELL LET THEM JUMP SHIP AND DROWN OUR SHIP WILL STEAR US TOO POTS OF GOLD DONT FORGET THE BUYOUT IS ON FRI SO WATCH OURSHARES GO UP UP UP UP TE HEE

What buyout ?

yeah what buyout????

Come on Kevin you have got all our attention - W H A T B U Y O U T

Calm down folks the share has just risen in leaps and as with all large rises it it bound to pull back, with sharp rises it can pull back by large percentages, then regroup to break up. Unless there is any more major such as closing of any new major contracts with vodaphone, which IMO the speculation of this has driven the price. The next thing to look for wll be the interims. As for a buyout this must be a term kevin88889 uses to describe some price action. I can not find anything to do with an offer or even rumours, best ignored.Price will consolidate over the next few days and then new trading range will establish itself.

kevin is possibly referring to aquisition of Decorum Networks?? see Matrix recent news items.
best of luck

This morning 28th april,,,,

Hot off the press from FT Online, by chris flood, Michael Neill and Phillip Stafford

'Matrix Enters IT realm with a flourish'

Since announcing the name change in January and a new direction, Matrix Communications has been a very impressive performer.

It's shares have since raced up 535 percent to yesterdays close of 4.47p, attracting interest from big institutions including US fund State Street Advisors.

Daily trading volumes regularly top 30m, although it's 1.1bn shares in isssue is more than FTSE 100 companies.

Matrix was formed in January from a reverse takeover of Offshore Telecom. It immediately disposed of the loss- making telecoms arm and focussed on IT systems integration, reselling kit made by Foundry Networks, the main rival to US group Cisco. This week's acquisition of Decorum Networks, a voice over internet protocol company, added to it's network security intrinsic and the company now needs only a data storage deal to complete it's offering.

It has notched up an impressive client list, with Guardian Media, Vodaphone UK, the BAR Honda Formula 1 Team and the BBC all signed up. It also soldthe worlds first 40 gigabit network switch to the London Internet Exchange. There is also talk it may win a further deal with Vodaphome for 10 other Countries.

Owing to the changes, a valuation is presently difficult to call. Results on June 1 will give investors great clarity. House broker Daniel Stewart said Matrix has paid only five times pretax profits for it's acquisitions and used shares for the purchases, which indicated trust in it's management'.

END!

http://search.ft.com/search/article.html?id=040428001163&query=Matrix&vsc_appID