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 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

HI FOLKS OF COURSE I MEANT THE BYEING OF DECORUM THIS FRIDAY THIS SHARE IS A WINNER WISH U ALL GOOD FORTUNE

Is MXC expected to rise tomoz? or go down??


Thanks

i wish rise.

RISE RISE RISE ITS MESSING ABOUT BUT RISE IT WILL NO PROBS

HERE WE GO AT 1.45PM THERE WAS A 2MILLION BYE AT 4.45 FOLLOWED BY MOREGOOD BYE ATER A BAD MORNING OF SLOW TRADEING AND PRICE DOWN AT 4.30 AT ONE POINT LETS HOPE ITS UP UP AND AWAY

HERE WE GO AT 1.45PM THERE WAS A 2MILLION BYE AT 4.45 FOLLOWED BY MOREGOOD BYE ATER A BAD MORNING OF SLOW TRADEING AND PRICE DOWN AT 4.30 AT ONE POINT LETS HOPE ITS UP UP AND AWAY

KEV - Rather like New York - its so good you "Named it Twice".

WHAT IS GOING ON MANY MORE BUYS THAN SELLS AT ONE POINT AFTER 5 MILLION BUYS IN A ROW DOWN IT WENT SOMETHING IS NOT ALL IT SHOULD BE WHAT IS GWANNING?????????