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Microcap & Penny Stocks : LEAP - Innovative ad agency a bargain at $3/shr? -- Ignore unavailable to you. Want to Upgrade?

To: neverenough who wrote (419)	6/18/1998 2:00:00 PM
From: Mary Henry	Read Replies (1) \| Respond to of 600

Is Leap in line or did they beat estimates? -Mary

To: neverenough who wrote (419)	6/18/1998 3:05:00 PM
From: James Wright	Read Replies (1) \| Respond to of 600

Sorry, but I'm going to sit this one out. Although LEAP did not show a loss, that's about all that's "positive" about the earnings report. $15,000 in profits isn't going to impress Wall Street. The more significant fact, which is glaringly omitted from the press release, is that LEAP's revenues actually dropped from last quarter's $11.4 million. LEAP is not a turn around story yet. For LEAP to attract the type of investors that will drive the price up to any significant degree, it's going to need to show both earnings and revenue growth. A break even quarter on declining revenues doesn't get you there yet.