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Technology Stocks : Lightbridge (LTBG)

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To: Bruce D who wrote (29)8/9/1997 4:56:00 PM
From: Steve Smith   of 202
 
I took a position in LTBG on Friday. LTBG looks like to be a bona fide player in the Telecom industry. This is a really incredible company. They have forged alliances and deals with major players. I am especially pleased that they announced an agreement with IRIDF on Monday. IRIDF will be a dominant player in the Telecom industry. IRIDF's stock has been on a great run this past week. They reported a $48 million lost for the quarter on Friday, but the stock was still up +1 1/4 when most stocks took a hit. I believe investors are betting on the potential growth and earnings of IRIDF. As long as IRIDF goes up...it will take LTBG with it.

The future looks bright for LTBG. Sky's the limit for LTBG! Good luck.

steve
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