HITSGALORE.COM (HITT) Message Board

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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: Jeffrey S. Mitchell who wrote (4353)	10/5/1999 3:26:00 PM
From: Q.	Read Replies (1) of 7056

stock is now below 1 1/2. FWIW, the market cap is now well below the amount of cash that LFT owes to Hitsgalore for the local city editions and the private placements. Clearly the market is beginning to say "we don't believe in LFT." Beginning, but not done. I don't think the LFT debacle is fully discounted. IMO, if it should turn out that LFT is unable to pay anything, then the market cap of HITT should collapse another factor of 10, on top of the factor of 10 that it already has fallen since the first Bloomberg story. I think there's a potential of this becoming a fifteen-cent stock.

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