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Microcap & Penny Stocks : LENP.T (LXPYF-OTC.BB) Best story ever?
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To: bob conklin who wrote (157)12/19/1996 10:42:00 AM
From: Dan Turner   of 619
 
Apparently, KK is very excited about this new product line and its potential. I'm not too surprised the stock hasn't moved. The release isn't widely out since it's still not on PRnewswire or Businesswire. But, more importantly, I think the market is not going to start appreciating this company until they report their numbers. If the numbers come in anywhere close to what we've been thinking the stock should surely double, triple, or more next year -- whether they get on NASDAQ or not.

And, you are surely right that a lot of investors just as a matter of principle won't consider stocks not traded on NASDAQ, ASE, or NYSE. I believe I've said before that I think it would benefit the stock just to drop out of the Canadian market. Your reference to Teri's post illustrates the reasoning.

As you know, I think it's easy to project potentials on this stock for much more than $600/share. All that is a few years down the line, of course. And a lot can happen in the meantime.

Regards,

-DT
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