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Technology Stocks : LCCI went public today and is going up!!

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To: Greg Jung who wrote (12)2/15/1997 11:36:00 PM
From: Digital Data Resources, L.L.C.   of 143
 
What does the satellite have to do with this company? LCCI is an RF Engineering company specializing in propagation analysis and the design and setup of Cellular and PCS sites. They are the largest company in this field and hold contracts with the biggest telecommunications players in the industry. They not only are responsible for much of what goes on in the U.S., but are heavily involved with international markets. They just purchased a related company in Europe and have their fingers in companies stretching from India to Brazil. Don't expect to make any quick cash off the stock (although there have been a couple rolls you could have taken advantage of) but long term it should be a winner. I personally am not excited about it because I don't like being anywhere for more than a week and rarely hold long; but for those who do, it's not an undesirable place to be. I also feel that the debt ratio is a bit high, but it appears that they are whittling away at that. Just a few thoughts; hope they help.
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