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Non-Tech : LCS Golf (LCSG) -- Ignore unavailable to you. Want to Upgrade?

To: BRYAN HOPPER who wrote (504)	3/24/1999 9:15:00 AM
From: Alex SvS	Respond to of 626

We want to talk to Dr. Mitchell, who has been out of town, before sending out an updated report. Sorry about the delay. I suspect that LCSG might be fully reporting for the March 31st quarter or at the very least, announce they will be fully reporting beginning next quarter. That's one step towards NASDAQ. Then the stock needs to have a bid above $4 for a minimum number of trading days. I think that's feasible late April to May when the numbers from infomercials start coming in and as golf season heats up. We started with a 6-12 month price target of $3 on Nov. 29, 1998. That seemed like an extremely aggressive target when the stock was at $0.43. We have increased the target over time to $5 in 6-12 months. I think that goes back to mid Jan. So we've got a 4-10 month target now of $5. Longer term $10+. That's just based on 3X sales, a ratio I think is quite reasonable.