Logpoint Technologies (LGPT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Logpoint Technologies (LGPT)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Power of 0 who wrote (577)	4/26/1999 9:27:00 AM
From: kmac	Read Replies (1) of 698

Power of O, I'll try to answer your questions based on conversations with the company and a little logic. 1.) How much financing is needed and what is its purpose? answer: The minimal amount needed seems to be around $2-4M but they are currently trying to finalize a $10M agreement. They would use this money to both bolster their sales and marketing efforts along with introducing their first DSP hardware products earmarked for approximately 6 months from now. Also, as they are very confident in their eventual success, don't be surprised to see them repurchase more shares of their stock and retire it to the treasury. 2.)Timetable for licensing deals answer: Some customers already have the software product in hand. There are two glitches here. The first seems to be that some customers don't want their names released for competitive purposes, they don't want the competition to know what their doing. The second issue seems to be that LGPT is arranging consignment type deals. That is LGPT wants to be paid by the unit versus a one time or even annual licensing agreement.This requires the companies using the technology to first integrate and then sell product. Currently it seems that these initial companies are now integrating and are nearing the delivery phase. This is an excellent strategy by LGPT. It will result in many more dollars for the company. I hope this helps. Also as a reminder to all, as OTC stocks start to move up, inevitably the shorters will start moving in. We can all do something extremely important yet totally painless by taking physical delivery of our stock or by having our brokerage firms take physical delivery and holding the stock certificates in our names. It is simple and can help our stock price. Its a win-win for us. I have taken delivery of mine and I hope you will all do the same. It has NO negative affect, you can still trade the stock should you wish (although why trade a $20 stock for $2 ?) KMAC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next