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

To: Daniel Miller who wrote (2080)	6/15/1998 1:42:00 PM
From: Ernest R. DeSaye Jr.	Respond to of 4715

Remember, If the company does buy back, you won't hear about it right away. They'll want to buy shares back at as low a price as possible. For example, Daniel you asked who bought 300,000 shares? It could be a MM catching up on a short position, or an investor liking LTGL or it could be a buy back. I'm not saying it is, because given the company's current cash on hand situation, I doubt it. Whenever a company ships initial orders to new customers, it takes a while to get paid, so I wouldn't think LTGL has too much extra cash floating around right now for a buy back. Ernie