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Microcap & Penny Stocks : LEAP - Innovative ad agency a bargain at $3/shr?

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To: thomas a. burke who wrote (571)9/27/1999 11:04:00 AM
From: Ron Kline  Read Replies (1) of 600
 
It's easy to see why the stock is down. One the market has been correcting for months, LEAP has not shown consistent growth every quarter. Valuation is largely based on investors confidence the numbers will be consistently good which was not the case with this company in the past. I would say if the growth keeps up (especialy the revenue side) from the last quarter to the next, and the market starts to act stronger you will see the stock move back up quickly. It's a gamble many investors will not take with LEAP right now when many better managed companies are at better valuations and there is a higher probability they will make money. Once those better bets start becoming overvalued then LEAP will probably start to get noticed. LEAP does best in the froth of the market, which is definitely not now.
Ron
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