LUCAS(LEDS)$1.15 TO LAUNCH E-COMMERCE SITE Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LUCAS(LEDS)$1.15 TO LAUNCH E-COMMERCE SITE

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext

To: Stock Master who wrote ()	2/24/1999 11:42:00 AM
From: Tom Allinder	of 8

Just spoke with William Husa at LEDS... 12.4M outstanding,4M in the float. Here is what he elaborated on: For many months LEDS has been developing interactive learning for kids that could be marketed on the internet. What they have done, is to use all the info from Jerry Lucas' books (see www.jerrylucas.com). They have all the technology in place and are going to market starting May 1. They will be featured on Home Shopping network in April. The point is: Interactive learning with sound to marketed over the internet. Mr. Husa says it is unique and no one else is doing it. Because the overhead is so small, they will be making approx $90 on every $99 worth of sales. They will market subscriptions through the internet site. They are going to be providing this to many schools in California to begin with. Mr. Husa stated they were looking at $15 million in profit from the schools alone. LEDS has virtually no overhead and no debt. They (he said) have no problem as far as cash is concerned... Finally, Jerry Lucas (the former NBA all star for the Lakers) just left this morning to meet with "some very high powered people back east". This is all to make deals regarding marketing of LEDS's interactive learning through the internet. Mr. Husa said more news will be forthcoming. Sounds pretty decent to me. Mr. Husa will answer questions at William Husa will answer questions at 916-635-4342 or email: billll@pacbell.net

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext