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

To: CAPT.DAN who wrote (3904)	1/6/1999 3:58:00 PM
From: DR. MEADE	Read Replies (1) \| Respond to of 4715

Through anticipation, the market already has discounted, and in effect , the current price reflects reverse split. Its all up from this increduously low price. Looking forward to new retail shop contracts, more revenue, more exposure in investment community.

To: CAPT.DAN who wrote (3904)	1/6/1999 5:26:00 PM
From: Philip Bosco	Read Replies (2) \| Respond to of 4715

Captain Dan: It certainly is true that the company does appear to have no cash for a buyback (mostly as a result of the acquisitions). I was hoping that even a feeble attempt at a small buyback would at least boost investor confidence. With the way this stock has been hammered it would not take a lot of cash to buy some of the stock back. It is amazing to think that even with the large number of issued shares the share price is so low that it would not take a ton of cash to buy the entire company. A reverse will certainly sting for awhile, but it could be a complete disaster if the company begins issuing and selling more shares as the share price begins to make a move to the upside. When the share price was at .13 per share, I have to believe that the issued shares were somewhere around 75 million. It would not seem to add up that the share price is at .005 even with the 180 million or so issued shares. Of course people could argue that the .13 per share was totally overvalued. I must believe that the company is very undervalued at this point. Lack of investor confidence will do that to a stock price plus in this case you add in the reverse which is probably the fear everyone had that led to the collapse of the share price. We shall see. I am disappointed but still believe the company does have something to offer as long as there is no further dilution. Once again we shall see.