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

To: chris of nyc who wrote (2498)	7/23/1998 11:50:00 AM
From: Ernest R. DeSaye Jr.	Read Replies (1) \| Respond to of 4715

You're right. 13mm's is alot. The problem here is that one or two mm's can severely alter the way the stock is traded. I have seen on real time charts where 6 mm's are in a stock and the lowest ask is .08 and one comes in at .055 and that's what is accepted. Remember the bid and ask you see are the highest bid and the lowest ask. One or two mm's with an interest in keeping a stock down can do a job on the price. Having 13 mm's increases the chances of that happening. I personally would like to see 5-8 mm's in this one.

To: chris of nyc who wrote (2498)	7/23/1998 9:15:00 PM
From: Eric G. Erpenbeck	Read Replies (1) \| Respond to of 4715

Dear Sir: Both positive and negative attributes should surely be discussed. Obviously none of us are or have been happy with the stock price. Fundamentally and from what has been provided publically by LTGL has been promising... I have been trying to find out when the Audited Results would come out or if they are even still working on such... From what I could find out LTGL has just hired a new CFO. Not sure what this would indicate. I don't know if LTGL has done this to try and do something proactive to get the audited results out or if there is something significantly wrong with their numbers. What are other opinions on such a move? They did indicate that they are still working on the audit.... A bit encouraging but nothing to concrete and we sure have all heard that before, way too many times. Also should be seeing something about the company LTGL is acquiring very soon. Hold em or fold em!! I am HOLDING all the way. I only provide facts that I have been given from the company!