Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: DwcOkla who wrote (99)	4/14/1999 6:32:00 PM
From: maven2010	Read Replies (5) \| Respond to of 737

a list of lpgly's private investments it kills me to do this, but here is a list of lpgly's other private equity investments: 1.6 m shares of accesslan communications 2.34m shares of avirnex communications 1.75 m shares of convergent technologies 1.4 m shares of et communications 120k shares of i-cube, inc 2.6m shares of netp 2.53m shares of packeteer, inc 2.5m shares of ramp networks 2.2m shares of redcreek communications 1.05m shares of shomiti communications 2m shares of silicon spice 333k shares of vina technologies 2.3m shares of xlnt designs i posted this list because there are probably folks out there who know something about some of these companies, and it is a bit far afield for me. . .please post any info you have on any of these names. as to where the list came from, all i will say is that it is public information, and that if any of you internet day traders knew a thing about doing actual investment research or security analysis, you could have tracked it down long ago. . .

To: DwcOkla who wrote (99)	4/14/1999 7:18:00 PM
From: RockyBalboa	Respond to of 737

London Stock Quote & Math: 1 ADR (LPGLY) = 4 shares LPG.L common stock. 100 pence (p) are 1 pound (L), stocks are usually quoted in p, on the LSE. The British Pound is quoted roughly at 1.6110 against the U.S. Dollar. Today, LSE:LPG closed at 507p. Close was at your time noon, 13:45 EST. A yhoo link to LSE:LPG is finance.uk.yahoo.comL&detailed=t Currency exchange: finance.uk.yahoo.com Hence: 507p equalled a price of $32.67, at the time, the ADR traded at $35 in the same second. (507 4 * 1.6110 / 100) Interesting is that LPG never traded ahead of 512p, whereas the $38.75 high represented 600p that meant a premium for the ADRs of 17%. So, I could buy it on the LSE and short the ADR. IS