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Non-Tech : London Pacific Group - LPGL doubles...
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To: Rajiv who wrote (78)4/14/1999 12:24:00 PM
From: still learning   of 737
 
True, but if you take that path, you don't get an equal view of underlying asset value. A better measure than price/book might be price/NAV.

Just a thought. FWIW, I think LPGLY looks very promising and potentially way undervalued. Would like to know *what* the underlying assests are and I don't buy the CEO comments posted here that they can't say -- every other similar company reveals its holdings, if not the details oftheir purchases.
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