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Technology Stocks : Point West Capital (PWCC)
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To: Bo Le who wrote (306)4/12/1999 1:34:00 PM
From: Glenn Petersen   of 345
 
Good trade. I also picked up some LPGLY today. They own over 1,377,000 shares of NETG which equates to approximately $3.75 per share and their NETP position should add another $4.00 per share to LPGLY when it IPOs.

Note to anyone doing due diligence. There are some data bases that show 68,628,000 shares outstanding for LPGLY. This is wrong. The shares trading here in the US are actually ADRs and represent 4 shares. There are actually 17,157,000 ADRs outstanding. I used a faulty data base a week ago and dismissed this as a possible back door play.
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