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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: tom pope who wrote (12496)	4/12/1999 1:24:00 PM
From: Susan Saline	Read Replies (1) \| Respond to of 43080

DFG appears to have interest now been dead as a doornail for several days. bottom here, with potential am sitting on several different positions heh hehh it tends to move up quickly when it gets going ONEM ... gonna hold for several days ... just cause of PCNTF INTC looking ok too

To: tom pope who wrote (12496)	4/12/1999 1:47:00 PM
From: AlienTech	Read Replies (1) \| Respond to of 43080

>>LPGLY, AT. What does the company do? << They give out free shares in the company if you visit? heck if I know. London Pacific Life & Annuity Company (LPLA) is the largest concentration of managed assets in the Group. It sells a wide range of life insurance and annuity products and invests mainly in investment grade bonds and private equity securities. Its capital base benefited from success in private equity investments which is reflected in rating improvements to Api with S&P and B++ with A.M. Best, the insurance rating company. Premiums increased this year, and the company is exploring ways to accelerate that growth by adding to its distribution channels. It recently hired a new Chief Marketing Officer to implement this strategy. The company needs to grow assets in order to achieve critical mass. It will do this through product innovation, competitive pricing, and enhanced distribution. There is a close operating relationship between LPLA and Select Advisors, Inc. (SAI). Many LPLA agents turn to SAI for a wider range of financial products and services beyond the fixed and variable annuities or life insurance offered by LPLA. The SAI concept is fascinating. It is a distribution channel composed of stockbrokers moving to fee based services including fund management. A SAI advisor typically comes out of a large wirehouse or regional brokerage firm and is an entrepreneur building their own business. We supply the support systems, regulatory umbrella and investment products for them. SAI grew by over 50 percent from last year and currently has approximately 170 advisers and $1.5 billion under management or administration. It offers its own products too. These include Global Leaders, a superbly performing managed investment product, and various performance evaluation and consulting services. We are hoping for growth increases this year driven by a new corporate marketing relationship. While still in its early stages, we think this could have a substantial positive impact on the Group. The SAI business model may reach beyond the US as well. We are currently exploring ways to apply the concept in Europe with an Internet element. Berkeley Capital Management (BCM) grew effectively this year. The company manages the investment grade bond portfolio of the insurance company and also a pool of equity funds sourced from wirehouse brokers. Major sources of funds are clients from PaineWebber, Morgan Stanley Dean Witter and others. BCM added about $240 million in new equity accounts this year with strong sales momentum building. Although the asset base is still relatively small, the organic growth is strong and we are hopeful about the future. The success in the WRAP channel with the wirehouses is also leading to institutional accounts. In addition to the continued success of the income equity style of management, we expect our growth equity product to also add new assets in 1999 due to its strong market performance in 1998. marketwatch.newsalert.com