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

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To: Ben Marfield who wrote (534)1/6/1999 7:17:00 PM
From: Dan Turner  Read Replies (1) of 619
 
Sorry for not getting back to you sooner. I've been too busy to visit here in some time.

What do I think? I'm cautiously optimistic. The PPG deal is certainly terrific news, but just as good is the reduction in shares, and limitations on previous management. Given how much you and I and Euan and a lot of others have been burned by this company, the onus on them is quite heavy to show they can finally deliver solid growth. I doubt the market will take them very seriously until they do. But, given how much they seem to be accomplishing now -- finally! -- the stock seems to be at a good bargain price for a speculation. If they really start delivering and making their potential -- well, they could change the world. As a story stock, the plusses in the story are even better than when I first wrote about it here. But there are also a lot of minuses in the story now that we've had some years of experience with their earlier (incompetent) management.

Rgds.

-DT
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