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

To: Doug R who wrote (1888)	3/18/1998 7:57:00 PM
From: Sergio H	Read Replies (2) \| Respond to of 29382

<Just in case you get tired of GTAX and APCO just going up and have an itch to get back into the hunt for the next one like them, take a look into LAKE.> Doug, we always have that "itch." GTAX we haven't played, but we've found some others. Our closed positions reflect an avg 28% gain for trades ranging from one day to three months. Our open positions include TOTL, ATPX, CHSE, PURW, SRSL, RECY,DHI,ANTX and ESV. We're showing a profit on all of these positions except for CHSE and ESV. Our portfolio is at: angelfire.com Nice to hear from you. Congratulations on your successful MB presentation. <><><><><><><><><><><><><><><><><><><><><><><><><><><> LAKE makes uniforms. Particularly, safety apparel. There are only 2.6 million shares and the float is 1.5 mil. Insiders own a healthy percentage but insitutions own only 2%. No analyst offers coverage. The exciting developments include the licensing agreement with Dupont. LAKE introduced TYVEK and TYCHEM clothing early last year and these products are reportedly selling very well for Dupont and other customers. LAKE has expanded its operations to meet the increased demand. Recent legislation such as the Leaking Storage Tank Trust Fund Tax and the Super Fund Reform Act will add millions of dollars of environmental clean up work that will lead to increased sales for LAKE. The company is also planning to expand into Canada and China in the near future. The company's earnings reports and balance sheet reflect good management. I read on the Yahoo board that the co. has hired an IR firm to attract institutional investors and that a secondary offering is likely. The secondary offering will not take place until institutional investors have been found, so that is an event that is likely to escalate the price of the stock as well as escalate the stock's exposure. Sergio