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Microcap & Penny Stocks : LGOV - Largo Vista Group, Ltd.

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To: BlueCheap who wrote (713)4/8/1998 12:03:00 PM
From: Triffin  Read Replies (2) of 7209
 
Malcolm..

Your approach makes sense especially with these
BB stocks where the best case may be a good story and
not much else..and the worst case...see CMYN...fraud
and death-spiral preferreds!!!!

I used the run-up to .20c to generate some "free" shares
which I will keep long as I like the "story" on this stock
I will also buy again in the 10-12.5c range if we go there.

If anyone on this thread has the ear of management and
also believes in the future viability of LGOV as a going
and ultimately profitable enterprise I would strongly
request entreating managment to avoid accepting financing
in the form of preferred stock with open-end dilution.
Several "investment banker" types have been preying
on the underfinanced BB stocks and stealing the companies
using this technique..nuff said

long on LGOV
jim
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