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Microcap & Penny Stocks : LASERPACIFIC (lpac)

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To: NAG1 who wrote (502)11/3/2001 10:03:08 AM
From: Dale Baker   of 542
 
Agreed, Neal. I have trading shares to flip in the near term but (fortunately) the capital gains issues on my core shares from $2 will probably keep them in my portfolio until next spring when I can gradually reduce at long-term cap gains rates.

OTOH, if some news spiked LPAC to $10 or better in a squeeze, I would probably bite the bullet and unload since LPAC does not have a history of sustaining most sudden upward surges.

In the long-term, management could certainly build a $10 company. Depends entirely if they are willing to take on the challenges of growth, or just remain a boutique shop in their specialty.
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