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Non-Tech : London Pacific Group - LPGL doubles... -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (50)4/13/1999 10:29:00 PM
From: xcr600  Read Replies (2) | Respond to of 737
 
Other info on LPGLY (in case it hasn't been mentioned)

Book value is about 23 based on mark to market accounting. Co will not diseminate any info on what all the other holdings are. ConvergentNet and XLNT are two private techs that they have a known stake in (to what degree remains to be seen).

127.0.0.1:3456/SI/~wsapi/investor/reply-8870272 (ConvergeNet press releases)

127.0.0.1:3456/SI/~wsapi/investor/reply-8870587 (XLNT press releases)

The stake in NETP is held by London Pacific Annuity, a wholly owned subsidary of LPGLY. Investment in ConvergeNet is thru Berkeley Capital.

BTW, Berkeley is also a wholly owned subsidary of LPG. Here's a list of some of Berkeley's fundings:
Acuson Corporation

Adaptec, Inc.

Advanced Cardiovascular Systems

Altera Corporation

America Online, Inc.

Atmel Corporation

Broderbund Software, Inc.

Cadence Design Systems, Inc.

Cirrus Logic, Inc.

Community Health Systems, Inc.

Cypress Semiconductor Corporation

Idexx Laboratories, Inc.

Integrated Device Technology, Inc.

Linear Technology Corporation

LSI Logic Corporation

Nellcor Incorporated

Oracle Corporation

Sequent Computer Systems, Inc.

3Com Corporation

Ventritex, Inc.

Again, don't know to what degree some of the holdings may be, but based on the NETG,NETP holdings, I would suspect that it would be more than a couple of thousand shares (ala WCAP). Also, there is the possibility that some of these holdings may have (probably) been sold off by now. Even if they have been sold off, they have an excellent track record of picking winners!

Still searching out other holdings. This co could (should!) be a blockbuster.

x



To: Tom Hua who wrote (50)4/13/1999 10:36:00 PM
From: DAK7  Respond to of 737
 
Bought a couple thousand shares of LPGLY yesterday after hearing about it on the PWCC board which I found out from my FLAS position. Checked SI but no thread, next day new thread, fifty posts, and LPGLY is up $6! This stock is just starting to move and blows PWCC out of the water. All the late to the party PWCC buyers that paid too much today should be turfing PWCC to buy LPGLY in the AM. It's gonna be a great week! Good luck.