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

To: M, Anderson who wrote (4521)	6/17/1999 6:50:00 PM
From: AriKirA	Read Replies (1) \| Respond to of 4715

Applies to -- LTGL -- TPS -- WGO Investors' Alert Announces Investment Opinion Investors' Alert Announces Investment Opinion HOUSTON, Jun 17, 1999 (BUSINESS WIRE via COMTEX) -- Strong Buy/Liteglow Industries (OTC BB:LTGL) Liteglow Industries Inc. (OTC BB:LTGL) is a designer, manufacturer and importer of products for the automotive and electronics specialty markets. The company deals with national retail chains, such as Pep Boys and Circuit City just to name a few. Also, the company supplies the OEM market to companies such as Winnebago Industries. Thomas Loyd, editor of Investors' Alert stated, "This company is very similar to a company that we recommended back in '87 between $0.375 and $1.00 in that the units went to $18 in less than 6 months. That company was then called Top Sound International, now called Top Source Technologies" (AMEX:TPS). In Thomas Loyd's opinion, Liteglow has made a complete turnaround and is now very profitable and on its way to earning between $0.20 and $0.40 per share for this year end, '99. He also stated, "At a conservative P/E the stock would trade at $4.00 to $8.00. We believe LTGL is in negotiations with 3 - 4 other national chains at this moment and is negotiating with Pep Boys to put new items in their stores. This will triple the companies revenues if and whenit happens." In the company's very latest announcement, Mr. Wiener, the chief operating officer, said that Liteglow's sales manager had just returned from a very successful sales trip, and is very close to signing up several major new customers. Thomas Loyd stated, "We are looking for earnings to be released anytime now. It could happen today or tomorrow or early next week. We are looking for $0.045 to $0.055 per share for the last five months of operations. That would give the company a current P/E ratio of less than 10. If it comes in any higher, then we believe LTGL will have a dramatic move to the upside and the year will be a record year. Earnings for year end (which is December 31st) is only 6 months away -- coming in closer to the $0.40 number." Investors' Alert is an independent research firm with paid subscribers. Investors' Alert is not affiliated with Liteglow Industries. Subscriptions are $139.00/year for Investors' Alert newsletter service. This report is based on Investors' Alert independent analysis but relies on information supplied by sources believed to be reliable, The information contained in this report is not intended to be, and shall not constitute, an offer to sell nor solicitation of any offer to buy any security. Copyright (c) 1999 Loyd Financial Consulting. All rights reserved. Symbol LTGL Shares Outstanding 3,931,087 Float (est.) 3,700,000 52 Week High/Low 0.11- 4.20 4 mo. Target 6 Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: Investors' Alert, Houston Thomas Loyd, 800/398-5725 Fax: 713/973-5783 teloyd@aol.com WEB PAGE: businesswire.com GEOGRAPHY: TEXAS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.