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Microcap & Penny Stocks : LENP.T (LXPYF-OTC.BB) Best story ever?

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To: Dan Turner who wrote (517)12/15/1998 7:21:00 PM
From: Ben Marfield  Read Replies (1) of 619
 
The PPG web site says that the trade journal "Industry Week" has named PPG one of the 100 best-managed companies in the world. Don't ask me if someone paid off Industry Week, which has included PPG in this listing every year since 1996; PPG's annual sales alone tell a story: $7.2 billion.

Other news from Lenox is also encouraging. The founding father has relinquished some control to the Board of Directors; decisions on dilution and contracts are being screened by several minds. And the number of shares, fully diluted, is down to 10.3 million.

The Board should consider doing a multi-month, recruiting-firm search for a top-level executive. Even if events prove that the firm already has such a person, a fast-growing company needs to look beyond its own experience for talent.

What do you think, Dan? Might your original note -- "best story ever" -- yet be correct?
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