London Pacific Group - LPGL doubles... Message Board

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Non-Tech : London Pacific Group - LPGL doubles...

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To: still learning who wrote (712)	7/14/1999 6:39:00 AM
From: michel petit	of 737

Confidence in LPGL is slowly rebuilding.A few weeks ago,it traded in the $20 range,today it trades in the $26-27 range.Next target $30,very possible with the nice performance of RAMP,the soon to be reported earnings and the coming IPO's of Packeteer and Continuus.Longer term,this stock will be "discovered" by institutions.I have level 2 and I can say that this stock is mainly traded by individual investors.To see what could happen when institutions start buying a relatively thinly traded stock,look what happened to BLUD in the last few days(higher volume,much higher price in anticipation of very good earnings).The same thing could happen to LPGL

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