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


To: Big Bee who wrote (3747)12/9/1998 7:37:00 AM
From: DR. MEADE  Read Replies (1) | Respond to of 4715
 
From RB, and I agree ! ********* Liteglow Industries Post #179 of 180

Liteglow Industries(LTGL)Message List: [Most Recent | Previous 60 | Next
60]Market RecapBigChartsFree Email  < PreviousRespondNext >
By: pbill
Reply To #178 by clemx Tuesday, 8 Dec 1998 at 6:44 PM EST
Post # of 180
Financials came out after close, the new CFO gave the 9 mo. numbers,
compared to last year. Sales a little flat, but total sales was
encouraging. Earnings were (-593,000) which is in actuality not too bad,
considering the alarm company and lowglow takeovers were included, I
think I remember that B & B was 1.2 million in sales, these will be
added next year. The authorized was confirmed at 200M with a float of
120M, so that has not changed for several months. I still say it is a
"Hold" if you have it and a good buy at this level. Sales of this type
of product usually take off in the spring when people start digging out
and getting ready to hit the streets of summer, the news is on the yahoo
board, releasesd at 4:02 EST, I think a rise in price will happen for
the rest of the week, closing Friday near .015-.02, based on my
following of other stocks at this level after financials released.
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To: Big Bee who wrote (3747)12/9/1998 7:40:00 AM
From: DR. MEADE  Read Replies (2) | Respond to of 4715
 
Another RB post with which I agree ! *********** (LTGL)Message List: [Most Recent | Previous 60 | Next 60]Market Recap
BigChartsFree Email  < PreviousRespondNext >
By: lho39
Reply To #179 by pbill Tuesday, 8 Dec 1998 at 8:24 PM EST
Post # of 180
Such a relief
The nine month report was not spectacular but I am very pleased to get
the news. I also thought the revenues would have increased more. But the
announcement that the float is held to 120 million is a gigantic relief.
The market cap is now about $1 million, about 40% of revenues.
I think LTGL might go up a bit higher than you predict over a month or
two. These revenues are a little under three cents a share annualized
with prospects of four to five cents reasonable. For a start up company
it is likely that the share price might match that level.
The news is MUCH better than the silence. Thanks Liteglow.
Larry