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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 (415)10/9/1997 10:17:00 PM
From: Euan Hayward   of 619
 
Kit, although I'm not quite ambitious enough to take a stab at numbers I am willing to take a shot with vague predictions. I think we can expect slightly positive numbers for Q4 and break even (or slightly below) for FY. For Q1 I think we may see some nice surprises. Q1 should include the beginings of the Insta-Trak orders which could provide a significant source of revs this year. Last year Prestone upped its production 10 fold. Hopefully we will see a similar increase this year as they make the product more widely available. There are also a lot of prospective contracts that could give earnings a boost.

Any comments on todays volume: ~30,000 on both exchanges combined? Not much by most standards but unusually high for Lenox.

Regards,

Euan (still holding long and more confident than ever ;)
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