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Non-Tech : London Pacific Group - LPGL doubles... -- Ignore unavailable to you. Want to Upgrade?


To: still learning who wrote (712)7/14/1999 6:39:00 AM
From: michel petit  Respond to of 737
 
Confidence in LPGL is slowly rebuilding.A few weeks ago,it traded in the $20 range,today it trades in the $26-27 range.Next target $30,very possible with the nice performance of RAMP,the soon to be reported earnings and the coming IPO's of Packeteer and Continuus.Longer term,this stock will be "discovered" by institutions.I have level 2 and I can say that this stock is mainly traded by individual investors.To see what could happen when institutions start buying a relatively thinly traded stock,look what happened to BLUD in the last few days(higher volume,much higher price in anticipation of very good earnings).The same thing could happen to LPGL



To: still learning who wrote (712)7/14/1999 6:54:00 AM
From: michel petit  Respond to of 737
 
NETP could be the next target of DLCK according to Steve Harmon
Message 10498091



To: still learning who wrote (712)7/17/1999 8:39:00 AM
From: michel petit  Read Replies (2) | Respond to of 737
 
LPGL price up even with small volume.Many people probably bailed out too soon.See the closing prices for the last few fridays:
date price
06/18 20 7/8
06/25 21 1/2
07/02 22 1/4
07/09 27
07/16 27 3/4
This price increase happened even if the traded volume was always below 90,000 shares/day.When LPGL will release earnings in a few weeks ,I expect that both volume and price will surge.With their gains in NETG,NETP and RAMP,LPGL could earn more than $5/share for their first half period.