BLHG, BEACON LIGHT HOLDINGS Message Board

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Microcap & Penny Stocks : BLHG, BEACON LIGHT HOLDINGS

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To: Andreas who wrote (249)	4/28/1998 5:39:00 PM
From: Jay D.	Read Replies (2) of 658

This is taken from the Wallstreetdaily web site for Beacon: With the signing of the Beacon Light/XIN HUI plastics joint venture, Beacon Light's book value has increased from Zero to $1.26 per share. The company is currently in negotiation with several entities for the production of plastic products putting projected sales for 1998 in the range of $50 million and estimated profit margins at 25%. These projections significantly impact Beacon Light's bottom line as earnings per share on the outstanding 3,351,422 shares of common stock will be in the range of $2.05/share. On a fully diluted basis the earnings per share will be $0.82/share. This translates to a stock price projection of $18.00-20.00 for Fiscal 1998. Now Greunbaum told me last week that financials should be out within a few weeks, these financials should reflect the book value of $1.26/share which should add some value to the price. When dealing with these penny stocks we all get antsy, but this is a good company, we just have to be patient and things will develop nicely. Think in terms of months/years (long term) not days and we will make a huge return. You won't be able to match it in many other stocks (500%+++). Jay

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