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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Alan Lee who wrote (9540)12/31/1997 8:17:00 AM
From: Christopher Loe  Read Replies (1) | Respond to of 13456
 
<Man, you're killin' me here, I just sold mine for a small loss yesterday to find something a little more active. It looked like a good plan for a few hours anyway, but today it finished a bit stronger. Okay, maybe I'll get back in tomorrow - unfortunately that will probably trash your chances of winning the contest this week. :)>

A small loss is not so bad compared to all the horror stories I have read on SI, some who have lost over 50% during the tech disaster.

With patience, this company could bring very good returns. At times LGWX has been a good trading stock, typically volume picks up closer to earnings. I have been in and out at between 9 & 12, buying in the 8 range. One of these days it will stay above 12. The street is just looking for earnings stability. They had some problems with over extending their marketing & sales, but have resolved these issues & are back on track. Greg Peters is very very competent CEO, he knows this business as good as anybody and is a stickler for execution.

Even when things look bleak for the market, there are still gems to be
had before everyone knows about them. I too am impatient at times, but if this stock reaches 20 in two years, is that not a good return?

Good luck in the NEW YEAR. See ya!



To: Alan Lee who wrote (9540)12/31/1997 4:39:00 PM
From: Christopher Loe  Read Replies (1) | Respond to of 13456
 
Alan, did you buy? I bought more at 7 25/32 today.

Conference with Morgan Stanley next week. It's been a long time since they have shown any interest. MS did the IPO, priced at $11, ran to about 22, before falling to 4 3/8(over expansion of sales offices overseas and over spending in marketing in relation to business plan was the main problem).

Last years fourth quarter was the end of their reorganization. Earnings and sales have been rising steadily, according to Greg Peters plan. Remain profitable with growth of up to 25% per year(this is what he is comfortable with). So many companies expand to fast and lose their focus.

Will Morgan upgrade next week? Who the hell knows, I sure hope so. They have a neutral rating on LGWX as of now.

Of course, everyone should do their own research, my file is 1 3/16" thick, (just measured it). I am certainly not touting this stock, only informing. As we know, anything can happen in this crazy market.

See ya!