LEAP - Innovative ad agency a bargain at $3/shr? Message Board

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

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To: HerbVic who wrote (597)	10/28/2000 7:18:52 PM
From: Don Earl	Read Replies (1) of 600

<<<October's sell-fest should wind up this coming week.>>> Reuters annual October stock market "crisis" does make for some good buying opportunities. At 1 3/4 LEAP is trading below cash per share. There's been a huge increase in volume due to block trades all month long. The CEO was projecting a return to profitability for Q3 a month into the quarter, although my guess is it's still too early in the consolidation process to see profitability before Q4. <<<Is it time to climb on board?>>> A lot depends on what the numbers look like for Q3. If they come anywhere near positive cash flow, the stock will probably gap up hard. If the numbers come in soft, the stock will probably bounce around the high 1s to mid 2s for another quarter. If analyst coverage is initiated after earnings are released that could also have an impact on the stock price. By just about any tech standard LEAP is undervalued by about five dollars on its worst day, but it's hard saying when it will correct. Good luck. Regards, Don

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