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Microcap & Penny Stocks : LGOV - Largo Vista Group, Ltd.
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To: grw5 who wrote (2598)12/8/1998 9:18:00 PM
From: diddlysquatz  Read Replies (2) of 7209
 
LGOV shareholders. I am interested in hearing what attracted you all to this company. It looks like there is very little information to make a sound investment decision with. The company has a market cap of approximately $35 million and posted revenue of $2.5 million for 1997. It trades at 14 times revenue, that's equivalent to some internet stocks. I read that the company is interested in raising another $10 million. That is a lot of dilution for a company this size. Sorry to sound critical but I am very curious. I know of much better micro caps that have readily available information to make a sound investment decision with and that have the large upside potential that you folks claim there is in China with LGOV's projects.

Cheers,

Paul
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