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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sandra who wrote (4901)5/18/1998 1:50:00 PM
From: James Wright  Read Replies (3) of 29382
 
Heads Up . . .

I saw a post a week or two on this message board about LPAC. I did some further investigation and bought some shares on Friday in the belief that the company would report record earnings for the last quarter.

I just talked to the IR for LPAC, John Hoyt. LPAC filed its SEC report for the last quarter on Friday. However, John's not yet received the sign-off from his boss for a press release.

Now here's the good part. The company had record earnings of 0.7 EPS (fully diluted) verses 0.1 for the year ago quarter. According to John, the press release announcing these results will not be out until later today (at the earliest). Even without the news, the company is trading with extremely high volume today in a range of 2 to 2 1/2.

This might be a great opportunity to get in before the news hits the street and this baby takes off.

-- Jim Wright
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