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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who started this subject	6/15/2001 8:45:38 AM
From: Dale Baker	Read Replies (1) of 118717

LPAC - interesting move buying out the largest outside shareholder at a discount and cutting the float significantly. Also indicates cash flow is strong enough to make share buybacks possible. biz.yahoo.com The $2.50 buyback price may put pressure on LPAC in the short term but it's a great long-term move for overall share price stability. They didn't say if the shares would be retired or not. LPAC annual meeting is today after the market close - we should get more perspective then. Also, all insider options are priced at a $4.13 strike so no one will stick these new shares in their pocket on the sly. Nice moves by LPAC management.

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