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Microcap & Penny Stocks : Liteglow (LTGL)

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To: Due Diligence who wrote ()3/2/1998 7:25:00 PM
From: alan von weiler   of 4715
 
Question?

If LTGL has projected earnings of 10 cents or more per share, as I've heard on this thread, would the stock not trade at a multiple of this projected earning? SAY 10:1 or $1.00? Isn't it supposed to work this way?

Perhaps someone can fill me in.

Alan
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