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Technology Stocks : LMCI Communications

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To: John Anderfuren who wrote (92)7/20/1999 12:30:00 AM
From: LazarusRead Replies (1) of 146
 
The longs are very bullish...

I still hold 2/3 of my position purchased sub .10 ...but then I confess to be dumber than wood.

LMKI has strong revenue growth, a great managment team, the backing of investment bankers who deal primarily with companies whose revenues are 50-75 million [I have talked to them].

Posts like these from Raging Bull explain why we are holding so strong:

By: Philosopher
Reply To: 4820 by inquireit Monday, 19 Jul 1999 at 9:19 PM EDT
Post # of 4885


Why LMKI is headed to $60/share:

Everybody please take a close look at Teligent (TGNT). I know we've been through this before but I still say they are a good comp. Priced around $60 they've been moving up solidly on revs of $1.5M (Q ending 3/99, up from $98K!) they have a float of 4.7M (with 52.7M O/S) and they are heading straight up! Check out that tiny float, does it get any smaller - oh yeah, LMKI at 3.8M!


even my 100k shares in compensation doesnt have me dumping my shares at these levels.

Lazarus
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