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Technology Stocks : Logpoint Technologies (LGPT) -- Ignore unavailable to you. Want to Upgrade?


To: Jonathan S. Thompson who wrote (81)5/29/1998 10:22:00 PM
From: Master (Hijacked)  Read Replies (1) | Respond to of 698
 
Those @!*%^ shorts did it again today! Well more good news is on the
slate for Monday regarding IBM I'm told, so the shorters will
have 2 days to think it over this weekend and come up with a game plan
to cover. The LGPT CEO definitely has a plan to squeeze the shorts,
and their actions Thursday and today show they are are on the run and trying any and all means to avoid a big pop- the float is only 3.5 million and was heavily absorbed due to the 2 news releases this week so they can't run much further.

Heres a report on LGPT I found at the "SmallCap Review" :

Log Point Technologies, Inc.
Exchange: OTC Bulletin Board
Ticker : LGPT
Shares Outstanding: 10.6 million
Est. Public Float: 3.6 million

Stats

" *1998 Est. Price to Sales
0.33

" *1998 Est. P/E 2.50

" *1998 Est. EPS $.75

" *1998 Est. Sales
$25,000,000

Log Point Technology
can make equipment run
from 2 to 1000 times
faster and increase
accuracy in the process.

"..systems designers now
have the best of both worlds,
benefiting from the industry's
lowest cost-intergrated 486
and Log Point's expertise in
high-performance software.."

Joe Montalbo, dir. of National
Semiconductor's Integrated
Processor units.

In March of 1998
Andersen
Consulting, Inc. in their
Equity Research Report
comments:

"We estimate its ("LGPT")
upside potential at over
800% for the next 12 months
based upon the valuation
analysis of LGPT relative to
four other public companies
in the micro processor
computer industry."

The report goes on to say:

"The fundamental value of
LGPT is currently estimated
to be $15.00 based upon
earnings estimates of $.75 a
share. "
*as reported March 1998 Andersen
Consulting, Inc. Equity Research
Report

The Industry
A half century search for increased performance
continues to push computer manufacturers to R&D
directed at higher-speed, lower-cost calculations. High
speed calculation has evolved from slide rules, to adding
machines, to hand held calculators, and to modern high
speed microcircuit computer calculations. Today's
processor solutions continue to be characterize as too
slow ,too expensive or both. The huge and rapidly
growing electronics equipment market is still searching
for a lower cost, higher performance, easier to implement
and more flexible answer. With an average growth rate
of 13%, this market reached over $900 billion in
1997. Growth has continued and is rapidly increasing.

The Company
Formed to create a major revolution in commercial
numerical computation by applying its breakthrough
patented technology at fundamental levels across huge
markets of the software and digital electronics industries.

The Company's Technological developments constitute
one of the more important genuine breakthroughs in basic
computational technology in more than 50 years. This
technology is the fuel that the electronics equipment
industry runs on. The Company's technology has
applications in virtually all aspects of digital electronics
chips and equipment, including computers. The company
has exclusive rights on comprehensive patents on their
technology.

Their marketing efforts are centered on developing joint
marketing and sales efforts with microprocessor
manufacturers and compiler vendors, in an effort to
leverage each others capabilities and to increase product
sales. As of this point National Semiconductor, Intel,
Motorola, Hitachi, Siemens and Fujitsu are actively
joint marketing with LGPT.

In Fujitsu's promotional literature, they comment about
Log Point's technology stating.... "provides significant
reductions in embedded systems development time
and much faster computational speed than
conventional floating point software."

Many other major players have expressed an interest in
working with the company. Microsoft recently invited the
Company to give a presentation to a group of their senior
management. Microsoft showed great interest in Log
Point technology as a possible solution to enhance the
performance of the handheld PC's market.



To: Jonathan S. Thompson who wrote (81)5/30/1998 12:59:00 PM
From: Andrew H  Read Replies (1) | Respond to of 698
 
LOL, Jonathon, everything I said about FAMH turned out to be true!! It is probably you who people should not listen to.

I was a shareholder but sold when I saw the Microsoft "news." Was specifically told that there would be a DEAL with Microsoft. News was BS. IMO there are few things more dangerous than a company that makes false promises. Now if Doug is right about a big deal with IBM, I will change my opinion. I remain skeptical.

If you will notice, others on the thread were concerned about the microsoft "news," as well.

I suggest you avoid ad hominem attacks and stick to a discussion of the stock.