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


To: Martin Wormser who wrote (883)3/19/1998 9:55:00 AM
From: CAPT.DAN  Respond to of 4715
 
Food for thought -

LTGL the company has been in a growth mode since I started watching them almost a year ago. All last fall they announced increased sales and earnings. Month after month. Almost weekly it seems they are adding to their customer base. South America, Asia, Europe, RS, WM perhaps as rumored PepBoys will be next. Then Sears etc... This is not you typical BB stock! Its not a shell, they have a product and it sells through. They make a profit. And therein lies the problem. The world is waiting on Audited Financial Statement and filing with the SEC. Then the street will take notice. If this company shows and EPS of .10 to .15 this year with 3 + mm in sales. What then can it do with 3 to 4 times the business next year? If the PE is 20 for this industry then we're looking at a $1.25 or $2 stock right now.
Patience is the key.