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: bob conklin who wrote (127)	10/22/1996 12:33:00 PM
From: Dan Turner	of 619

I agree that it is odd, but I've seen this kind of thing before. Think of it as a base-building period and remember the longer the base the more exciting the take off. I'll be surprised if we aren't sitting with at LEAST a double by this time next year. When I saw them in early September they were talking about being close to a big deal at that time. I took "close" to mean something on the order of a month, with a margin of "error" of 100 or 200%. Well, it's been 6-7 weeks, within the margin of error, and, as these things go, it's still possible that details are being worked out or that delays are slowing the thing down, or .... It's also possible that the deal has been inked but that they are delaying announcing it. Any number of reasons possible for that. From what I've heard K.K. continues to be as excited as ever about how things are developing. On your point that if this was an IPO, it could easily go to $30 even with no sales. I agree. There are plenty of cases of companies with fewer prospects, no sales, more shares out, and heavy debt with stock valuations way above our LENP. Makes LENP all the better bargain and I'm looking to add to my position as soon as I can free some cash.

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