To: Fred-beaches who wrote (2864 ) 1/21/1999 1:04:00 AM From: jmhollen Read Replies (1) | Respond to of 7209
Hi Herb, I had an extensive conversation last week with a heavy-hitter who owns a "sizable+" block of LGOV, and had made it to the meeting in Dec. Several of the new "Board-Members-to-be" were in attendance, or at meetings following the meeting. Several are multi-millionaires with business credentials equivalent to Peter Lynch. The previous run last year was "artifically created" by a group of coordinated, well-heeled, day traders. But, unlike most "pops", it took a long time for the price to come back down. This all happened just as several of the pipelines were coming into service, and before any of the new ventures (water filters, telecommunication, internet services, etc.) were in the letter-of-intent phase. Next time, there will be new business and official "news" to support the situation. If you get a moment, give Dan a call and get the names and "bio's" on the new Board Members. When you get a grip on who's who, whom they are connected with, and what they're going to do with this company - you will find yourself in "relax & accumulate mode". The only problem we "financially-challenged" types are going to have, is whining about the shares we couldn't/didn't buy - in the not too distant future. I had an opportunity to put some multi-MM$ juice/milk/etc. filling machines into LGOV's inventory - to market in the provinces LGOV operates in; but the "crew" simply doesn't have time to deal with it right now. With the exception of Albert (who is non-technical), everyone at the HQ is in 12+hr/7-day mode; and they have been for about a month now. Suggest you buy a hat with a chin-strap; you're going to need it! Keep accumulating, and ignore the boneheads - they don't have a bloody clue! John :-)