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

To: Linda Kaplan who wrote (583)	3/4/1998 10:01:00 PM
From: Shirazi	Read Replies (5) \| Respond to of 4715

Linda Well spotted ! I am in 100% agreement with you. Interestingly, I believe that your analysis has given me confidence in LTGL because the weasels have realised, before I did, that Spencer is not going to go for any of the MM games e.g. reverse splits, where they have the opportunity to go for their "triples" and other day-trading games. I think LTGL is going to build up a proper company, but that takes time and the weasels have short attention spans. The proof in the pudding will be the audited financials (hopefully sooner rather than later) and then if they switch MM's. My personal feeling is there are enough people out there who are willing to give LTGL a chance if they want to take advantage of it. Also, if LTGL was setting to sell to another company and use the BB to make quick pump and dumps then they only jeopardise their "cash cows" e.g. Radio Shack, CC, etc. which gets them nowhere and a new company takeover would also back off looking forward to the distribution mess. Also, investors have memories like dinosaurs, particularly if they lost money. Witness the disaster with NETZ and their management woes. There are to many cyber rags who love (and are very good) at linking things up. The NETZ VC guy is finished in business because his name is stapled to every BB by po'd investors. LTGL almost certainly has to be with whatever MM they're with (as a penny stock) but the small investor can help them move out of the sewer. It's in their court. Also look at HNLY. They're trying the same thing with HNLY as LTGL except both have LONG TERM products which aren't cashed out in daily 1/16's. Everyone who sells is doing exactly what the MM's what them to so they can sell the "sold" shares for more later. Way to beat it is to take possession of the shares but people are lazy and that's what the MM's know. That's the game. LTGL would have sorted itself out rather quickly if people took possession of the shares rather than leave them in a MM's PC. So I disagree with your theory that a new development will not move LTGL. The hypesters don't care about long term they're only on the short term. A new development will move LTGL, just not in the way they want it to. In short LTGL has a product, they have (or will have) the major US distributors and I believe can and will get the money to go all the way. The ball is in their court. I'd just like to believe that they're doing things the right way (my theory) and that's why the weasels and their noisome Queen Jane with her "have some candy" have bugged out. They're probably feasting on FAMH and setting up MINE or DMEC. A product and a distributor can work magic. If LTGL comes out with reasonable financials, moves to another MM house, this is a totally different ballgame. You have all the credibilty in the world. Also, you can ask me for RT quotes anytime. Cordially yours, Bar Bar