To: Tom Allinder who wrote (6422 ) 4/7/1999 9:53:00 AM From: Tom Allinder Respond to of 13776
LEDS DD... s most of you know, I posted DD on LEDS a couple of months ago. I took a position in the stock and sold when it tanked. Over the last two days, I have reassumed a position in LEDS. Here is why: Online education: They have a niche market. The only way to explain what they are doing is to have a look at the web site. Please see jerrylucas.com You can get to the gist of what they are doing by going to jerrylucas.com What they are doing is building a massive website for online education. One can subscribe by paying $99 a year. After you have seen the sample animations and whatnot you might think that this could is a good idea, or maybe not. My thinking is: Kids might like it. Some of the more advanced stuff will appeal to older kids. Look at this and ask yourself what a kid or young adult might want to use to learn. Of course, internet based education with the sound and animations might appeal more than text books. Over the last two months, LEDS has been building this website and will have it hosted by a large ISP in CA. Additionally a campaign to advertise the web site is being accomplished in three ways: 1. A PR firm is being negotiated with right now. The deal will be finalized one way or the other within the next 5-10 days. Details are not available due to insider info. 2. This educational system will be marketed on The Home Shopping Network. 3. Banner advertisement is being worked out right now with a number of very large internet sites. No, I can't tell you with who because the Co. can't tell me. Insider info. The web site will go live on May 1. They have Wells Fargo to handle the subscriptions. One can subscribe right on the site via credit/debit card. PR: A release can be expected within the next two weeks. This will cover the web site, the PR company etc. There may be another release from the PR company in conjunction with the PR from LEDS. The company is fully reporting... they have no debt, no revenue although, the no revenue part will change on the next report which is in front of the auditors now. See the MarketGuide report at: marketguide.com Shares OS: 12.4M Float: 2.2M If they can accomplish part of what they say they are going to do the stock will move up just on earnings. THIS IS NOT A REC TO BUY. DO YOUR OWN DUE DILLIGENCE. LOOK AT THE WEB SITE, CALL BILL HUSA AT 916-635-4342 OR EMAIL: billll@pacbell.net