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Microcap & Penny Stocks : Liteglow (LTGL)
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To: Riley G who wrote (317)2/28/1998 11:25:00 AM
From: Tim Van Leeuwen  Read Replies (1) of 4715
 
Does anyone want to speculate what kind of money we would be talking if Liteglow were to enter into a contract with PepBoys? I've been searching the other investment forums and happened across the following posting. Do these numbers sound realistic? Has anyone heard anything that might support these numbers?

Here's the post:
Subj: LAAQ/LTGL
By: rasiel
Date: Feb 27 1998 1:02 P.M PST
Reply To: Msg. 3730 by orgasmick

Not too sure about this LAAQ but I think momentum should carry it to 5/32
at least, more if there's any meat to the rumors.

I went into LTGL following several rumors. I was just in a chat room and
someone who claims to be in the know asserts that
Liteglow did in fact just come to a preliminary agreement with PepBoy's
worth $22-$26 million initially. Do you know what this means
if it's true? LTGL should easily hit its previous high of 3/8 with an
official announcement to the effect. Meantime, the rumor
itself is good for a spike to at least a quarter a share but will pull back
rapidly if there's no news by late tuesday or so.

I remeber having caught an interest in LTGL a couple months ago and posted
it as one to hold on to for a while but then I myself lost interest in the
lack of movement and never took a position. I'm a bit sorry now :-)

Ras
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