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: Dan Turner who wrote (87)	9/6/1996 3:50:00 PM
From: Dan Turner	of 619

Since it appears I won't be getting a call back from the company today, I'll share my hesitations about the items in point 6) The projection for sales on the order of $550,000 for fy'96 is in line with estimates we've seen already. It's the earnings number that seems to me WAY too high to believe. Maybe I mis-heard Dann Deaver or maybe he mis-spoke. Based on past performance, a more reasonable estimate, it seems to me, would be for the year's earnings to come in at $15,000. That would mean the quarter's earnings would be on the order of $23,000, still a 64% increase from the previous quarter. If you annualize 64% quarter-to- quarter gains, according to my calculator, it comes to more than 300% annual growth.(!) I'd settle for that.(g) FWIW. -DT

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