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Microcap & Penny Stocks : Level Best Golf (LBGF)
LBGF 0.00010000.0%Jan 14 3:00 PM EST

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To: gambler2 who wrote (126)12/9/1997 8:38:00 PM
From: Martin Andersson  Read Replies (2) of 345
 
Yesterday, I spoke to LBGF's former PR firm, they are no longer representing them, and asked if they have any new info.
He said, that they still are selling some stuff but very scaled back.
There overhead is cut to barebone and the costly informercials are history. He said" It's a good company, but it took the wrong turn about a year ago" . What was most interesting though, he said that three players are looking at buying out LBGF. In his opinion the company is worth buying for their interesting products but they failed in their marketing and too high priced" angle iron" club.
At closing , he said it is probably not much more downside risk in the stock price but hell of a potential if one of the three deals would come thru.
I'm holding
Martin
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