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Microcap & Penny Stocks : LGOV - Largo Vista Group, Ltd. -- Ignore unavailable to you. Want to Upgrade?

To: Mark[ox5] who wrote (665)	4/2/1998 9:59:00 AM
From: T. Douglas Hollowell	Read Replies (1) \| Respond to of 7209

Markox5 I fully agree with your read. While I don't think most institutionals would look at this company on their own, it sounds like Dan has already been talking to some large players. I don't know whether they are garden variety institutionals (i.e., 40 Act companies) or wealthy individuals, hedge funds or just commercial companies looking for positions in this sector. It seems that Dan has told whoever they are about the company, and some of them may have taken relatively minor positions in LGOV. That explains the volume anyways. It also sounds like they were in China at the time of the conference, which was apparently just a couple of blocks from the Xinmau offices, so, Dan had the opportunity to physically show them assets and pitch the company. I would suspect that these potential investors, whether they are standard institutionals or not, even if their corporate charters would let them invest in small companies, won't take a position in companies (especially in Asia) unless they see audited financials and preferably a filing with the SEC, which will give them certain legal protections. All this is a long way of saying that while I agree with you, if the above is true, then I would speculate that the financial statements may trigger more substantial investments by the bigger investors sniffing around, which, in my opinion, will drive the price to a point that a broader range of smaller investors will take notice, and that, as you note, is likely to be what drives the price up to the minimum for a NASDAQ listing, if that were to ever happen. This is all of course just my opinion. Irrational exuberance aside, its an incredible lot of speculation based on other people's say-so and information that is still yet to come. I will appreciate everyone's analysis and speculation, though. TDH

To: Mark[ox5] who wrote (665)	4/2/1998 10:44:00 AM
From: Dusty	Read Replies (1) \| Respond to of 7209

Mark, Thanks for the post. We need and encourage good points. One the NASDAQ listing, it is my understanding that the $4 dollar price range can be waived if there are enough assets, cash and income to support the company. I think there is something to that effect on the NASDAQ web site. Just have to search for it. Sorry, I failed to bookmark it. Dumb, but in hurry and you know; haste makes waste. If you get time and find it would you post it please? That would be great. I agree with you on the Institutional Investors. But, there has been interest, as soon as the stock is NASDAQ listed. But, you are correct in stating that they can not purchase OCT-BB securities. That was an excellent point and well stated. Mark, I feel our greatest tool is sharing tips and knowledge with all the shareholders on this site as to the games the Market Makers play. If we can all learn to understand how the game is played, we can become better players as well. I know when I began to see and understand what was being done to the investors it sure opened my eyes. I too was pleased to see the support we are providing for the stock. If we shareholders make it a point to learn as much we possible can about the dynamics of trading, it makes us better investors and an asset to the companies we support. The OTC stock is certainly a different breed of cat. :o) Dusty