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

To: jmhollen who wrote (3037)	2/20/1999 1:08:00 AM
From: francis terry	Read Replies (1) \| Respond to of 7209

To all: I tried just before market closed to buy lgov @ .10 and did not get a share. Would some one please tell me what amount of shares are you all buying to get filled at .09,.10 it just seems like I am stuck in a rut, Now I never buy at the market, always use a limited order, have got stuck too many times to fall into that trap.---have a nice week end folks i still got to work Sat.---francis terry

To: jmhollen who wrote (3037)	2/20/1999 10:43:00 AM
From: jmhollen	Read Replies (1) \| Respond to of 7209

Fellow LOGVites........ As you may recall, there is a push on in China to reduce pollution; which led to the outlawing of charcoal burning in many provinces. In addition, there is an ongoing effort to promote conversion of vehicles from gasoline to natural (or LP) gas fuel. Vehicles which run on natural or LP gas run cleaner - and run much longer without maintenance due to reduced by-products and sludge in their oil. As you can see, GM is making an effort to create more vehicles in China: ************** GM prepares to make minivans at assembly plant in ShanghaiBy Robert L. Simison THE WALL STREET JOURNALDETROIT — General Motors Corp. is preparing to add minivan production to its oversized but underutilized new vehicle factory in Shanghai, according to individuals in the auto industry with knowledge of the matter. The move, which is still subject to approval by the Chinese government, could help solve the biggest riddle facing the $1.52 billion joint-venture project: How to make the investment pay off. *************** This also creates a need for more "conversions" - or (..with a little help from Dan and Deng...) maybe some original equipment installations right at the plant..!! Either case results in an increased demand for LGOV/Xinmao LPG products. ".......I love it when a plan comes together......"! Regards, John :-)

To: jmhollen who wrote (3037)	2/21/1999 7:51:00 PM
From: jmhollen	Respond to of 7209

GM moves forward in mainland China: GM prepares to make minivans at assembly plant in ShanghaiBy Robert L. Simison THE WALL STREET JOURNALDETROIT — General Motors Corp. is preparing to add minivan production to its oversized but underutilized new vehicle factory in Shanghai, according to individuals in the auto industry with knowledge of the matter. The move, which is still subject to approval by the Chinese government, could help solve the biggest riddle facing the $1.52 billion joint-venture project: How to make the investment pay off. RIGHT NOW, THE PLANT IS LICENSED to build only full-size Buicks, for which the market has shrunk sharply since GM signed up for the venture in the early 1990s. Representatives for GM declined to confirm the company's plans. “We don't talk about future product programs, and we don't have permission to build anything beyond Buicks” at the Shanghai plant, one spokesman said in Detroit. The spokesman said GM would clearly need government approval. However, GM already has ordered stamping dies for making minivan body panels and other parts for the Shanghai plant, said an individual in the automotive tooling industry. The dies are said to be coming from Japan's Ogihara Corp. and from a South Korean supplier. In Japan, Yasuhiro Sakazume, an Ogihara sales manager, confirmed the company won a contract from GM to build minivan dies for China. Ordering such expensive hard tooling signals GM is committed to the program. Stamping dies for auto-body panels are made out of huge slabs of super-hard steel that are precisely carved, smoothed and polished into the exact shape of the parts they are intended to produce from flat pieces of sheet metal. The value of the Ogihara deal for the China plant, for example, was said to be in the tens of millions of dollars. Minivans represent a promising addition for the factory, industry experts say. “Minivans are considered very good in China because they are viewed not as personal transportation but as vehicles that can carry a lot of people, as taxis or as shuttle buses,” said Nicholas Colas, an auto analyst for CS First Boston. Yet any additional investment in the Shanghai project could only compound GM's risk. One reason that sales of Buicks are projected to hit only one-third of the plant's 100,000-vehicles-a-year capacity is that the central government restricted car purchases by government officials in a cost-cutting move. That reflected the country's slowing economy and concern about the outlook in a recession-plagued region. The Chinese government may well acquiesce to GM's minivan project, partly because earlier plans for a joint-venture minivan have so far been foiled and partly because GM's partner in the Buick plant, Shanghai Automotive Industrial Corp., originally wanted the venture to include minivans. For the China market, GM's Shanghai plant is expected to build a minivan similar to the Sintra front-drive minivan, which is slightly smaller than the models GM sells in North America. The Sintra, built at GM's Doraville, Ga., minivan assembly plant, hasn't been a hit in Europe and is being phased out in favor of the compact, German-made Zafira minivan. Industry experts say GM could start production of minivans in Shanghai in 2000. In preparation for the move, GM has been sending Chinese workers for training to its Doraville assembly plant. Factory workers at the Shanghai plant say they have been trained in minivan assembly. While confirming the company has brought workers from China to Doraville and other U.S. plants, a GM spokeswoman said that was part of a general training program in manufacturing processes and wasn't related to any future plans for Shanghai.