LIFEWAY FOODS (LWAY) Message Board

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Non-Tech : LIFEWAY FOODS (LWAY)

LWAY 22.82

+0.6%

Jan 9 9:30 AM EST

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To: paul lin who wrote ()	11/1/1997 12:57:00 AM
From: Steve Cox	Read Replies (2) of 352

I've been a lurker since May on the LWAY and BNGO threads, figured I'd beat the price hike in Nov. I own both of these great high growth stocks representing 100% of my portfolio, 75% LWAY, as it's my favorite. I'm thrilled about the football field size plant coming on line. This plant has at least 15 times the revenue producing capacity as the old plant which has been maxed out producing between 1.3 and 1.5M per quarter over the last 6 quarters. Time to EXPAND !! 3Q97 may be flat around .04 to .05 with the new plant having nil effect on revenues, so I'm a little shocked at the recent upward price frenzy (not complaining though). I'm convinced because of the illiquidity, institutions aren't touching LWAY and the savy individual investor who's doing his/her homework is discovering the potential of LWAY, thus not selling shares. With a tiny 1.2M float it becomes that old supply and demand thing. We will probably need these investors to carry the stock to much higher highs in order to obtain a split to attract institutions later, but for now it's up to LWAY to grow, grow, grow. Anyone brave enough to start estimating 4Q97? Remember 4Q96 was only .02. Should get exciting. Steve

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