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

To: DISHRAIDER who wrote (1686)	3/16/1999 11:10:00 PM
From: Robert Tarics	Read Replies (1) \| Respond to of 2153

I am very high on this stock, but my confidence has been rattled. We have been promised a lot. If I recall correctly, Ms. Boock stated at the conference call in August that the book value of the company was $5. 1999 earnings would be about $2.00 per share. An Amex listing was imminent. FENV would begin trading around $4 per share. So far there has been no public statement or response to the SEC trading halt even if the statement said they were prohibited from commenting. If LEAH is a bogus deal (and I have no reason to believe it it is), I am not going to lick my wounds and go away quietly. I can assure you that there will be a big stink made, heads will roll and there will be legal accountability. Let's pray for the best. It is out of our hands now. We simply need to hope that management is for real and that LEAH is the company it has been touted to be. Quoting from the legenday Jerry Maguire, all I can say is "Show me the audit! I said SHOW ME THE AUDIT!!!"

To: DISHRAIDER who wrote (1686)	3/17/1999
From: CYBERKEN	Respond to of 2153

My experience makes me present here a general observation about investors in the stock markets. It has never ceased to amaze me how many investors who hold a healthy iron-clad skepticism about private firms struggling to make their way in the marketplace seem to look at the SEC as the very living God, both infallable and dedicated by it's love for the private investor. They never stop to realize that the SEC, like any government entity, wields it's influence through the coercive power of the state and nothing more. By yielding some freedom to the SEC, we hope to receive a public service in exchange, but it's the same old pump-and-dump scam the Founders warned about. The basic idea is that we are all too stupid to keep from getting ripped off, so we create an arm of the government to make us feel like we are being protected from ourselves. It's never worked before, and of course it doesn't work now. The fiasco with LEAH, IMO proves it once again. I'm now keeping a bucket beside my workstation, because the next IDIOT who says "The SEC halted them, so there must be a problem with the company." is probably going to cause me to throw up.