Leah Industries, Inc. (OTC-BB-LEAH) Message Board

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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH)

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To: FRANK J CATALANO who wrote (1524)	3/10/1999 10:25:00 PM
From: Baldur Fjvlnisson	Read Replies (3) of 2153

<<<LETS WORK WITH THOSE ### and FOURTH QUARTER ###### FOR NOW .<<< It has been stated on this thread by parties I consider credible that LEAH will make approx. .30-35 4th quarter 1998 + .13 one time gain from the sale of the export division. They made .07 first 3 quarters 1998 (after the $1.22 SibMach charge). So. earnings for 1998, .50-.55. They projected SibMach's 1999 revenue at $250 million in the Dec. 23 PR, then came the Gazprom $75 million order which was not included in that projection. So, I don't think it's too far off to estimate SibMach's 1999 revenue at $300 million, 60% of which accrues to LEAH. Somehow I don't think that it's terribly difficult to make very good money making pipes, valves and other material for the oil and gas business using workforce you pay perhaps $50-$100/month. Probably not as lucrative as selling books and CD's at a loss over the Internet though. Best of returns, Baldur F.

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