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Microcap & Penny Stocks : LENP.T (LXPYF-OTC.BB) Best story ever?
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To: Dan Turner who wrote (28)7/26/1996 11:53:00 AM
From: Kit H. Lou   of 619
 
Dan, thanks for the additional information you've been posting!

I hope this will eventually turn out to be a 100-bagger, but IMHO it will be at least a few years away. There is no question that there are many areas of application for their product and management seems to be moving in the right direction. They need to ramp up revenues (through product and licensing), hire more people, and expand accordingly. Lenox is a very sensible speculative buy at this point, but until they post a few profitable quarters of increasing revenues, most institutions will probably not be interested.

BTW, when will they post 3rd quarter results?

Regards,

Kit

P.S. Have a good vacation!
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