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Microcap & Penny Stocks : Liteglow (LTGL)
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To: Philip Bosco who wrote (3601)11/3/1998 8:56:00 AM
From: DR. MEADE  Read Replies (2) of 4715
 
Of interest on RB : By: pbill
Reply To #122 by lho39 Tuesday, 3 Nov 1998, 2:58 AM EST
Post # of 124
I finally had an opportunity to actually see the Liteglow products on
display. I went to the Lincoln, NE Circut City and they had several lite
rods on display and many more items back in the installation room. The
sales clerk said they have been selling well and he went to the
computer/register and brought up the list of products available with
prices. The list was extensive and he even had three pages of Low Glow
items available. I then headed west on I-80 in the rain and saw a neat
looking Vette with blue neon under each side , front and back, must have
had at least four lites/bars installed. It may take time, but I believe
that the company will start making an impact as they continue to grow. I
also mentioned to the clerk that alarms will soon be available and he
will look into adding it to their line. It would be nice if LTGL could
send some slaesmen on the road to set up displays and push the product.
Even with 140M shares outstanding (1.25 million cap) I believe it is way
undervalued, the alarm co. sells that much in a year and if they are
added to LTGL network (Circuit City, Pep Boys etc, that element could
also bring in profits.
(Voluntary Disclosure: Position- long; ST Rating- strong buy; LT Rating-
hold)
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