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

To: Kelton who wrote (1509)	3/10/1999 4:10:00 PM
From: RLM	Respond to of 2153

Kelton, I don't know how much lower the price can go. The cash LEAH holds is 43 cents/share. I would think that the serious investors are waiting for the audited results and for LEAH to become fully reporting before they put up their money. The bid was at .46 for most of the day and only after 3:00 did a trade go off at that price. So I would think that the MM's are finding it hard to find sellers at that price.

To: Kelton who wrote (1509)	3/10/1999 6:31:00 PM
From: Andrew H	Respond to of 2153

>>Mr. Barger did verify to me that he has received calls from J. Montgomery Scott and from Legg Mason Financial Services. In his words, they asked him ". . . about info that was already contained in our press releases and they wanted to know who our market makers were. . ." Nobody knows what they might be planning, we all expect the best.<< You mean they might planning to assasinate the MMs? That would be the best!!! >>GGG<<

To: Kelton who wrote (1509)	3/22/1999 8:54:00 AM
From: Kelton	Respond to of 2153

******************************************************************************** 3/12/99 Professional Insight Morning Call** Senior analysts at the prestigious American investment organization, S&EC have recently initiated coverage of Toronto- based company Leah Industries with a 'short- term hold' rating; stating that they questioned the company's relationship with a national auditing firm as well as an acquisition made by the company. They made no report publicly available concerning their recent coverage. The S&EC, has an independent, nonpartisan, quasijudicial and regulatory history since they began business over 60 years ago. With a motto of "We are the investor's advocate", they have a long standing track-record of downgrading companies upon initiation of coverage, maintaining either neutral or hold ratings. With often times the best rating hoped for after any hold rating being a 'long- term sell' To learn more about S&EC, go to www.sec.gov