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Microcap & Penny Stocks : LENP.T (LXPYF-OTC.BB) Best story ever?
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To: Kit H. Lou who wrote (5)7/11/1996 11:07:00 AM
From: Dan Turner   of 619
 
Talked with my broker, Joe Peters, about the projection of $1M in revenues for 1996. I think there may be an ambiguity lurking.

Their fiscal year ends at the end of August. So, "street consensus" is still for revenues of $500,000 for fy '96. Of course, LENP may beat that. According to Joe we should think of the $1M figure as a projection for the calendar year 1996.

If that is correct, it makes for a nice growth path, indeed! Bringing in as much in 4 months as they brought in in the previous 12. Wow. That might even be enough to get the stock moving. (g)

Regards,

-DT

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