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


To: RLM who wrote (1037)1/26/1999 1:30:00 PM
From: Andrew H  Read Replies (1) | Respond to of 2153
 
RLM, it is not only the thread that is dead. So is the stock. I have no idea what it will take for this stock to move higher. Maybe another Internet announcement.

This is truly huge news. Gazprom is probably the largest company in Russia. From this announcement it appears to me that SibMach may be getting a lot of business frm the Russian goverment as it upgrades its oil and gas drilling, production and pipeline facilities. Most of these facilities in Russia are badly in need of upgrading. I suspect there are billions of dollars of work waiting to be done. LEAH appears extraordinarioly well positioned to get this work.

Furthermore as more Western companies come in to help produce oil in Russian and other CIS states such as Kazakhstan, I believe SM will get a large peice of this business as well.

The release said that this will add about 75M to SM's already estimated revenues of 250M--I suspect we will see more in addition to the 325M--60% of which will be LEAH's. The drilling equipment business is verrry profitable.

I am starting to worry less about the sock price. Sooner or later the market will realize the value of LEAH with announcements like this. I have no idea when, but at some point in the next year this will be woth $10/share or more. I am willing to wait a year for that. This news is simply tooo big.



To: RLM who wrote (1037)1/26/1999 1:34:00 PM
From: Kelton  Read Replies (1) | Respond to of 2153
 
I am new to Silicon Investor, finally decided to buy into the membership, but I am certainly not new to Leah!

I have about $5000 invested in Leah right now, which is the second- largest holding in my portfolio. I'm even considering selling-off my PNLK to buy more Leah if these prices stay suppressed!
This news is really exciting! There seems to be a lot of spam about Leah going all over the Yahoo boards, I hate that! It gives exposure, but turns a lot of good investors off and brings in the day-traders. (of which I am, on occasion, --but not with Leah!)