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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (5397)	4/12/1999 8:12:00 PM
From: xcr600	Respond to of 57584

Rande, a pick of mine I was working on today was 'leaked' before I had accumulated my full position. Company is LPGLY (London Pacific and Annuity) They are another backdoor type play for ipo's. They have 15% stake in the Net Perceptions ipo due next week. Also currently hold 1.38mln shares in NETG, and none were filed for sale in NETG's most recent s-1. Float is small, co if profitable (earned 1.85/adr), yield is 6% as well. Co most recently changed it's accounting to a mark to market, hence book value of stock is now $23.44 Mr Treuger (Chairman) would not elaborate on further holdings. We're still working on more dd, but co is rumored to hold other inets as well. Check it out. I see 35 or so by next week. x