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


To: Dolfan who wrote (489)2/19/1999 12:48:00 PM
From: LOCATOR  Read Replies (1) | Respond to of 698
 
Found this posted on another si site.

To: Mr. Fortune (6337 )
From: lance b Friday, Feb 19 1999 10:50AM ET
Reply # of 6363

LGPT- TODAY'S NEWS IS ONLY THE BEGINNING..
THIS WAS DONE BECAUSE IT IS THE BEGINNING OF
THE BIGGER PLANS FOR NEXT WEEK..
1. THEY ARE SIGNING A DEAL TODAY WITH FUJITSU LTD..
WE WILL HAVE NEWS RELEASE NEXT MONDAY ABOUT THE DEAL..
2.EXPECTING NEWS NEXT WEEK ON A DEAL THEY HAVE MADE WITH A
FINANCE COMPNAY INREFERENCE TO CAPITAL..
3.ALSO WILL ANNOUNCE THE PURCHASE OF A MAJOR
MICRO PROCESSING CO.
THE COMPANY HAS FINALLY PRODUCTED...WILL BE BIG..
sorry,was excited just got my call..


CAN ANY OF YOU CONFIRM THIS??????????!!!!!!!!!!!!!!!!!!!



To: Dolfan who wrote (489)2/19/1999 5:17:00 PM
From: E Wilson  Respond to of 698
 
Yes, looks like we have some good volume and respectable gains today, however, if these rumors are true, you would expect more. Maybe your right about LGPT doing a good job of keeping things quiet.

As far as the rumors go, I could believe a deal with Fujitsu who has used LGPT's software libraries before and reportedly very much liked the product. The financing deal I could also believed since LGPT has mentioned in releases that "major financing" was being pursued. The acquisition of a microprocessor company, however, I have a hard time swallowing. I believe that this is in LGPT's long term business plan, however I don't know if they have the $$$ for such an acquisition at this time, but I guess we will find out...I'm looking forward to the ride!

Have a great weekend and GO LGPT!!!

E Wilson