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Microcap & Penny Stocks : LENP.T (LXPYF-OTC.BB) Best story ever?
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To: Meisterama who wrote (444)1/21/1998 3:35:00 PM
From: Euan Hayward  Read Replies (1) of 619
 
Tom, although I do understand your feelings I have to disagree with you about the long term outlook for the company. It is no secret that the numbers have been slow to come out and that news is also scarce. However, things are not all that bleak. Orders are starting to come in and will continue to do so. I think that the contacts made at SEMA will be a big help to the bottom line. Lenox is hovering just below profitability and I believe it will move into the black in the 1st or 2nd quarter of this year. Profitability will be driven by relationships that Lenox is forming with smaller companies. Sales come a lot faster and easier from privately owned firms (like the one that placed the marine foam order) than from companies like Ford and GP. If sales to small firms continue to escalate and even one of the big potential contracts comes through Lenox could really go through the roof.

Euan
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