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Microcap & Penny Stocks : Liteglow (LTGL) -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Jens Tingleff who wrote (4466)6/15/1999 9:23:00 PM
From: M, Anderson  Read Replies (1) | Respond to of 4715
 
umm, where did the extra 200 to 400 thousand shares come from? wasn't the press release just a month ago, say 3.5 MIL shares?

MN.



To: Mr. Jens Tingleff who wrote (4466)6/16/1999 3:55:00 AM
From: Mad_Mouse  Read Replies (1) | Respond to of 4715
 
Jens, when I read the following: net profits will come in near the $0.055 mark per share (on an annualized basis, the trailing P/E ratio will easily be under 10 , I took it to mean that if you take the current price divided by the annualized earnings, the trailing PE is under 10 (i.e., $0.90/$0.15 = 6). I think what the Meyer Group was trying to say was that the stock is a bargain right now with such a low projected PE.


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