LENP.T (LXPYF-OTC.BB) Best story ever? Message Board

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Microcap & Penny Stocks : LENP.T (LXPYF-OTC.BB) Best story ever?

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To: Ben Marfield who wrote (363)	7/23/1997 11:39:00 PM
From: Dan Turner	of 619

Euan, my third hand report of the meeting confirms yours. Here's a bit more detail: CFO (HooooRAYYYYY) Smith had retired from Ernst & Young. (Pretty solid credential.) Bill Lloyd has worked with other public companies, but I didn't get any names. The broker who attended this meeting, who reported to JP, who reported to me, has apparently been attending for quite a few years and this is the first time he's been really excited and seen this management really serious and excited about what they are doing. He apparently thinks the pressed wood products industry is likely to be even larger for Lenox than the tooling. He also thinks the recent lows are the last we'll see the stock at those levels. More good stuff could be coming soon. The attendance at this meeting was the largest ever for Lenox. If all this is true, and if the reporting continues to show improvement, it's hard to see much downside risk. OTOH, these are pretty big ifs -- but with what sounds like a decent CFO on board, I think we've got good reason to be hopeful. FWIW. -DT

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