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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH) -- Ignore unavailable to you. Want to Upgrade?

To: MTHONER who wrote (958)	1/8/1999 10:49:00 AM
From: CYBERKEN	Read Replies (1) \| Respond to of 2153

I agree also: It's obvious that very few people think there's much truth to LEAH's prospects and fundamentals. Puts me in the odd position of believing that it's all true. If even half of it's true I win big. What can I say. Here I am holding gobs of LEAH and looking positively forward to the next 2-3 months. IMO, D & T didn't think that they could do an adequate job on BV in time for the quarterly release. We are still in the position of not knowing a thing about BV. I SUSPECT a reasonable estimate would begin at $7 and range higher from there, but we can only wait and see. Insider buying and selling? IMO, that's the most incredibly overated indicator of the last 10 years. There are so many reasons why someone would or wouldn't trade in their own company's stock, and the situation can change so quickly. I'm not the one to ask, because I pay very little attention to such things.

To: MTHONER who wrote (958)	1/8/1999 12:06:00 PM
From: Andrew H	Respond to of 2153

While I cannot understand the stock price, there is no question in my mind that the company is for real. If 4th Q audited figures do not convince investors, I do not know what will. RLM is still a shareholder. He was not the only one who expected that an audited book value would come with the 3rd Q numbers. I expected it and LEAH expected it as well. There must have been some misunderstanding between LEAH and the auditors. However, in their last earnings report they did state: >>Leah Industries is proud to report that SibMach currently has proven oil reserves of approximately 800,000,000 barrels of which 60% (480,000,000 barrels) accrue to the books of Leah. The value of these reserves and their impact on the book value of Leah will be computed by Deloitte & Touche (CIS) and will be reflected in the Dec. 31, 1998, year-end audited financial statements. << The figure of 480M bbls must have been agreed upon by LEAH's auditors, since they carefully computed the figures in the release. It looks like D and T wanted to wait until the end of the year to place an audited book value on these reserves along with the fully audited figures. The good news is that the b/v may be well in excess of $8. I agree that many still do not believe the company is for real. I think LEAH needs to do some PR work to change that perception.

To: MTHONER who wrote (958)	1/8/1999 12:34:00 PM
From: CYBERKEN	Read Replies (1) \| Respond to of 2153

Another question (and I am not expert here): As the price of buying up the float gets cheaper, isn't it a greater risk for LEAH insiders to jump in and give the appearance of manipulation? Perhaps they are getting advice to buy as little as possible at this point??

To: MTHONER who wrote (958)	1/8/1999 2:43:00 PM
From: RLM	Respond to of 2153

I'm right here. I was away during the holidays. That information I posted came from the horses mouth. It should not be surprising that we do not have audited numbers. The management at LEAH is very busy building the company and many of it's promises are met, unfortunately usually a month later than stated. Why hasn't LEAH received much attention. Not too many stocks are other than internet stocks. People with money are putting it in internet stocks, it is easy money. LEAH has not promoted the stock as of yet. Why ? I don't know. The problem is that no one knows about the stock other than the insiders and we on this thread.