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


To: Ken W who wrote (4223)3/14/1999 12:07:00 AM
From: Jim Johnson  Read Replies (1) | Respond to of 4715
 
Ken,

You mistake the meaning of my $900 remark. It does not matter what the dollar amount, history does matter. If we should not look back, why do we look at past performance, sales, previous highs and lows?

I have nothing against turnarounds...I have bought into many of them.
Actually, I am currently into another, SYTRON - SITR. The management did not change, but they sat back, reviewed their own history and revamped to a strategy that appears to be working. What I am against is management that repeats its errors.

You also mistake that I am down on LTGL. Actually, it is just the opposite. I am not holding my shares for no reason. Actually, I could use the write off. The truth is I think this company has a real chance to move ahead if taken in the right direction.

Jim J