LEAP - Innovative ad agency a bargain at $3/shr? Message Board

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Microcap & Penny Stocks : LEAP - Innovative ad agency a bargain at $3/shr?

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To: neverenough who wrote (419)	6/18/1998 3:05:00 PM
From: James Wright	Read Replies (1) of 600

Sorry, but I'm going to sit this one out. Although LEAP did not show a loss, that's about all that's "positive" about the earnings report. $15,000 in profits isn't going to impress Wall Street. The more significant fact, which is glaringly omitted from the press release, is that LEAP's revenues actually dropped from last quarter's $11.4 million. LEAP is not a turn around story yet. For LEAP to attract the type of investors that will drive the price up to any significant degree, it's going to need to show both earnings and revenue growth. A break even quarter on declining revenues doesn't get you there yet.

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