SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Liteglow (LTGL) -- Ignore unavailable to you. Want to Upgrade?


To: James Simonick who wrote (4230)3/15/1999 1:26:00 PM
From: Philip Bosco  Read Replies (2) | Respond to of 4715
 
I already got a lot of answer from the company in terms of where they are now and where they want to go. The investor's query is are they doing the right things or will they do the right things to get there. Earning .15 per share for this year would be a great start. Continuing to increase revenues and cut costs is important. I think the company admits they made mistakes last year. Some of the products were not be sellers and they got rid of them. They also lost sight of their smaller retailers. The dilution was another big problem in terms of stock value. Lack of faith and trust among investors is the problem we are seeing right now affecting the share price. As investors we can only hope and encourage Management to do the right things. Any further share dilution without an acquisition I believe will cause most investors to give up, me included. If the company moves forward and continues to pick up new retailers and at the same time keeps their smaller retailers, they should do okay. We shall see.