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

To: Red Dragon who wrote (449)	7/7/1998 4:13:00 PM
From: James Wright	Read Replies (3) \| Respond to of 600

It looks like the recent party is over. I sold at 4 1/2 late this morning, toyed with 4 in the final hour and then made my final exit at 3 13/16. With the close at 3 5/8, I don't think there's any more steam left in LEAP until it finds a new base and consolidates. -- Jim

To: Red Dragon who wrote (449)	7/7/1998 8:08:00 PM
From: Red Dragon	Read Replies (1) \| Respond to of 600

Not only does it look like their major customer (38% of revenue) is about to scale back on orders, but 4 insiders dumped shares during the past few months at about 3-4 dollars a share. How ironic that the title to this thread questions whether LEAP is a bargain at 3 dollars. Insiders seem to think that it is overpriced and were very willing to dump their shares. But hey, I realize that this thread is dominated by short term momentum traders. I apologize for cluttering this thread with useless details like business fundamentals. p.s. I have no position in LEAP. biz.yahoo.com