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Microcap & Penny Stocks : YOUR FAVORITE INTERNET PICK..... AND WHY ?????
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To: Mel Spivak who wrote (348)12/28/1998 11:46:00 PM
From: Stock Watcher  Read Replies (2) of 962
 
M - on LKON; revenues were sharply down last quarter. Revenues doubled for first nine months over last year, but operating expenses were way up. They seem to have a real state-of-the-art telephony technology, and a very sellable product.

The 52 week range is .42 - $3.63. The chart goes straight down from May 98' through Dec./ Maybe tax-selling is over now and we're getting a bounce (.97). Should be a $2 stock.

If they can earn .01 per share in next quarter, and keep revenues moving along at 30% a year - you've got a potential home-run.

I'd wait until next quarter's results before getting too excited...n
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