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Microcap & Penny Stocks : LifeOne, Inc. (LONE) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Jens Tingleff who wrote (480)4/29/1999 11:23:00 AM
From: R. Thomas  Read Replies (1) | Respond to of 1834
 
Guys...I was never doubting it for a minute. I did get out of LONE a couple of times when it was flat or declining for long stretches so I could put the money elsewhere for a while, but I have been a fan of NAAC for years. I have spoken with Jayne off and on for the last few years, love the story and have been heartbroken to see it not come to fruition as the timing was good last year for acquisitions.

That being said, I think there is still plenty of marketplace for acquisitions in the future. IMO, the marketplace will continue to consolidate in both the small company arena and the large, old line companies as well. If LONE can keep it's contacts open, I think the can accomplish at least as much as Conseco did. They also need a good source of capital, and I think First Madison can help them there, if we can get the stock trading at a level that share dilution won't kill us.

I bought this stock at 2-3 dollars in the past and thought it was a good deal then, if we can get business going, I think it will be a great deal in the future! IMHO

Tom