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Non-Tech : London Pacific Group - LPGL doubles...
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To: still learning who wrote (712)7/17/1999 8:39:00 AM
From: michel petit  Read Replies (2) of 737
 
LPGL price up even with small volume.Many people probably bailed out too soon.See the closing prices for the last few fridays:
date price
06/18 20 7/8
06/25 21 1/2
07/02 22 1/4
07/09 27
07/16 27 3/4
This price increase happened even if the traded volume was always below 90,000 shares/day.When LPGL will release earnings in a few weeks ,I expect that both volume and price will surge.With their gains in NETG,NETP and RAMP,LPGL could earn more than $5/share for their first half period.
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