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Microcap & Penny Stocks : LSGT/NASDAQ/Lasergate: Virtual Concert Tickets....
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To: Charles Steneck who wrote ()6/4/1996 8:27:00 AM
From: Gary G, Weathersbee   of 194
 
LSGT @ $1 on 2M shares.

I've had this stock for a couple of months. I bought it because it seemed to me that it will be using the internet in a way which make the load time for graphics worth it. I am also impressed by their client list and believe that with the change in management they are a viable turnaround.

I just charted it for the past year and yesterday's volume was by far the largest in that time. They've issue two press releases in the past month (see Briefing Books, WSJ Interactive):

5/17--Lasergate Systems Reports A Record 137% Increase In Revenues, Compared To First Quarter, 1995

5/28--Lasergate Systems Announces Appointment Of New Chief Financial Officer

I'm on the "Inside Wall Street" mailing list and this is their featured stock this month. That promo arrived on 5/25.

None of this explains why the big jump in volume came yesterday. Delayed reaction or is something else up?

Luck to all--Gary
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