ok... it took awhile for my post to make it up here, and by the time it did, I found a free plugin for Lightwave. Check out D-Storm's site for it...
http://www.dstorm.co.jp/english/plugin/object.htm
NOW my problem is, I have the .x file and .dds but I can't convert it in to a usable entity... I don't seem to have this .exe file that does it (like the "manual" suggests) and just dropping it in to the folder obviously doesn't do the trick. Does anyone have any suggestions because I am dying to actually make my own content and such for this program! Thanks ahead of time for any help.