Other info on LPGLY (in case it hasn't been mentioned)
Book value is about 23 based on mark to market accounting. Co will not diseminate any info on what all the other holdings are. ConvergentNet and XLNT are two private techs that they have a known stake in (to what degree remains to be seen).
127.0.0.1:3456/SI/~wsapi/investor/reply-8870272 (ConvergeNet press releases)
127.0.0.1:3456/SI/~wsapi/investor/reply-8870587 (XLNT press releases)
The stake in NETP is held by London Pacific Annuity, a wholly owned subsidary of LPGLY. Investment in ConvergeNet is thru Berkeley Capital.
BTW, Berkeley is also a wholly owned subsidary of LPG. Here's a list of some of Berkeley's fundings:
Acuson Corporation
Adaptec, Inc.
Advanced Cardiovascular Systems
Altera Corporation
America Online, Inc.
Atmel Corporation
Broderbund Software, Inc.
Cadence Design Systems, Inc.
Cirrus Logic, Inc.
Community Health Systems, Inc.
Cypress Semiconductor Corporation
Idexx Laboratories, Inc.
Integrated Device Technology, Inc.
Linear Technology Corporation
LSI Logic Corporation
Nellcor Incorporated
Oracle Corporation
Sequent Computer Systems, Inc.
3Com Corporation
Ventritex, Inc.
Again, don't know to what degree some of the holdings may be, but based on the NETG,NETP holdings, I would suspect that it would be more than a couple of thousand shares (ala WCAP). Also, there is the possibility that some of these holdings may have (probably) been sold off by now. Even if they have been sold off, they have an excellent track record of picking winners!
Still searching out other holdings. This co could (should!) be a blockbuster.
x
|
