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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (28032)	2/10/2002 6:45:47 PM
From: Amigo Mike	Read Replies (2) \| Respond to of 29382

Hi Bernard, I am not sure why LNOP's BV reads on .70 on Yahoo. I don't put much faith in Yahoo numbers anyway. LNOP does have cash on hand and roughly 57% ownership in EZ Chip, majority owner along with a few high powered minority owners. The question is .... does the new NP1 chip work and if so ..... it should revolutionize what we currently refer to as a router. The chart pattern is fairly well defined. Should be a nice ride into March when IBM manufactured samples of the new chip are due. If the samples are proven workable, there is no telling the potential market value of this stock. LNOP has no business function at this point. It simply owns majority stake in EZ Chip ..... and is the only public vehicle by which to invest in the chip. Small float of shares. Amigo Mike