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To: Net Money who wrote (2)2/6/1999 9:56:00 AM
From: jmhollen  Read Replies (1) of 10
 
Here's an interesting, developing play; not to mention a bloody steal!

LGOV (Largo Vista Group, Ltd. largovista.com) is currently an LPG gas distributor via it's Xinmao company in mainland China. They serve a sizable area north of Hong Kong and east of Beijing.

Through recent deals and acquisitions, LGOV controls the "network content monitoring software" that Beijing is apparently going to make the national standard for all their websites and/or ISPs.

Let's remember that China is not a democracy, and if they don't want their people surfing the sex sites, etc., that's the way things are going to be! In addition, LGOV and/or it's subsidiaries in mainland China are also licensed to be (and actively pursuing - to the best of my knowledge) and becoming an ISP.

Additional licenses are in hand for Telecommunications and Telephony. LGOV's performance to date has resulted in these licenses being "Import & Distribute" approvals - not easy to get, I understand.

Due to some delays, and a CPA screw-up in preparing the company's previous financial data - the stock is severely depressed. A lousy 0.10/share (+/-) at this point in time.

Before you get your snoot all out of joint, I don't care WHAT you decide to do! I'm long, but that's my business, aye! If you take a look at what TNRG has done in the last week (another China stock), you may get a small inkling of where LGOV is going.

It's worth an hour or so of web-snooping, IMHO! You can buy a lot of leverage, at this juncture, for a dime!

Have a happy......!

John :-)

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