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

To: Daniel Miller who wrote (2617)	7/28/1998 1:31:00 AM
From: Roger Thrash	Respond to of 4715

As I read your posts earlier today I was all ready to just LAY into you like there was no tommorow.but SI wouldnt let me..so while i waited for the ability to post. (only get 3 per day and it wouldnt let me) I looked at your profile and by golly you're 14. Bingo that explains YOUR lack of knowledge and youthfull optimism. Since i salute you for learning at an age even younger than I did, I'm going to take it easy on you. I had no idea what I was doing at 14 either. And the first couple of stocks i bought didnt do well. They both pretty much went straight down. One went belly up and the other one came back after a couple of years and I ended up making like 10-15%. I realized I didnt have the knowledge to pick stocks yet. So I went with mutual funds. Did the dollar cost averaging thing while I READ everything I could get my hands on. The Bowser Report & The Cheap Investor were both good learning tools as I started again buying individual stocks. Your earlier comments on LTGL were incorrect but excusable. At 14 you cant lose much and you WILL have plenty of time to come back. If a product sells for $30 at retail you can bet your bottom dollar LTGL does NOT make $25 per unit. Assuming you are correct and they can produce it for $5 (seems low) they STILL must either 1. pay SLOTTING FEE'S to the retailer for the opportunity to set it on the retailers shelf and get perhaps $15 if and when the retailer sells it at retail for $30-35. If it doesnt sell, guess what ? In all likelyhood LTGL gets it back and has to charge it against current sales. What this means is IF the products are not selling the sales gains you THINK you see might come back to haunt you in future periods. Trust me, Walmart stocks VERY few products that it doesnt KNOW will sell where they cant return it for a full credit. In many cases Walmart (& other big retailers) dont even PAY untill the stuff sells. This means lil ole LTGL must DILUTE shareholders (14 to 96 million is it) just to get products on the shelves and book sales that probably havent been paid for. The stock is 2.7 cents, down from $1.00 at the IPO and 12 cents when i warned people what it was. Its lost the BULK of its value. I've been PROVEN right. Personally I think the odds favor a continued deterioration of the stock price. Oh there will be a reverse split ahead I can assure you. Then your 10,000 will turn into 100. And the stock from $100 ipo adjusted for split to below $1 again. I've seen it many times before. So have the market makers. Look at madera international. These crooks did it over and over. Now they've got earnings and the stock trades at a p/e of like 3 because of all the past shenaigans. I forewarned them too at 25 cents years ago. It was 6 cents last I checked. And they actually changed mgmt and stopped many of the spencer-like shenanagins. None of this matters. Its not like anyone is listening to me. And I cant make money shorting it. Perhaps a few years and a few more scams from now you'll think back and look at your losses and say "you know, maybe ole Thrash knew what he was talking about. Stocks that lose most of their value in the mother of all bull markets and do the underhanded stuff that LTGL does, THAT lies like they do, do NOT make good investments. Less than 2 months ago I bought shares in WCAP at $1.25. The stock hit $7.25 today. My largest stock holding is in Rom-Tech. (ROMT $1.50) Its went down since I first bought it and I continued to buy. I own it at much higher than the current price. Mistakes happen. With LTGL it wasnt a mitake it was a CERTAINTY. ROMT earned 12 cents/sh. last year. They earned 18 cents excluding one time charges. Revenues more than doubled. The company estimates reveues will grow by at least 50% this year and they will earn between 25 & 40 cents per share. At least 6 insiders have bought stock in the open market in the last year. At least 4 of them have bought on SEVERAL occasions. At least 4 have bought within the last 2 weeks. And many spend a LOT of $$ as compared to their salarys. I think the stock can trade at 12-15 times earnings which would be $3-6 in just under a year. Insiders are heavy buyers as opposed to LTGL who continues to sell stock at almost any price. Thats my thought process. Do what you want. The 14 year old can be excused. The rest of you cant be. LEARN something people ! If you dont learn from your mistakes you are doomed to repeat them.

To: Daniel Miller who wrote (2617)	7/28/1998 1:40:00 AM
From: Stephanie M	Respond to of 4715

CHILD MISSING Please Respond The Address is d-merkel.com <A HREF="http://www.d-merkel.com/christen.htm">Your Help Is Needed to Find Christin Lamb</A>

To: Daniel Miller who wrote (2617)	7/28/1998 6:10:00 AM
From: Laura E.	Respond to of 4715

News out today!Liteglow Names Chief Financial Officer July 27, 1998 04:40 PM POMPANO BEACH, Fla.--(BUSINESS WIRE)--July 27, 1998--Liteglow Industries Inc. LTGL Monday announced the appointment of Michael Lomnitzer to the post of chief financial officer. Lomnitzer joins Liteglow after serving two years at Daszkal, Bolton & Manela, a CPA firm, where he specialized in financial accounting and business acquisitions. Previously he served as controller for Cold Header Machine Corp. for two years and held a number of financial positions over a 20-year period. "Michael has excellent experience and a strong track record behind him," said Liteglow President and CEO Spencer Krumholz. "Michael's appointment as CFO further strengthens our financial organization and our executive management team." When asked about his new appointment Lomnitzer stated, "I am looking forward to the challenge of Liteglow growing into a $15 million in revenue per year company." Asked how long it would take to reach this goal, Lomnitzer stated: "The company's financial plans are to reach that plateau in five years. Through further acquisitions and increasing our product line I believe this can easily be attained." Lomnitzer also stated, "With CEO and President Spencer Krumholz's extensive network of contacts within the industry's distribution channels Liteglow will be able to place a number of product lines that we may acquire over time." Lastly, the CFO stated, "I look forward to increasing the profits for our company and our shareholders." Lomnitzer earned a B.S. in commerce from Concordia University in Canada in 1971 and a Master's in accounting from McGill University in Canada in 1973. Liteglow is a manufacturer, designer and importer of products for the automotive and electronic specialty markets. The U.S. automotive and electronic aftermarkets should exceed $300 BILLION in combined revenues this year. Requests for an investor information package should be made by calling Liteglow Industries Inc. at 1-800-801-GLOW, or by e-mail at spencer@liteglow.com. You can also visit Liteglow at www.liteglow.com or Lowglow, a Liteglow subsidiary, at www.lowglow.com.