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


To: rupert1 who wrote (199)4/17/1999 2:31:00 PM
From: RockyBalboa  Respond to of 737
 
Profiles of the Berkeley Officials:

berkeleyvc.com

IS



To: rupert1 who wrote (199)4/17/1999 2:43:00 PM
From: Glenn Petersen  Respond to of 737
 
Once a company files its initial S-1, it generally takes at least sixty days before the actual offering. The SEC has 30 days to review and comment on the initial filing and they take every one of those 30 days. The company then responds to the SEC comments and files an amendment. The process begins again. There are generally three of four amendments before the SEC signs off.



To: rupert1 who wrote (199)4/17/1999 2:56:00 PM
From: rupert1  Respond to of 737
 
Jimbo: I suspect that the 1.5 million shares figure comes from this published source. Of course, there may have been a subsequent purchase of an additional 1 million shares, or the original holding may have been subjected to a pre-IPO split. If not, then it looks like 1.5 million is the figure.

ostman.com



To: rupert1 who wrote (199)4/17/1999 4:02:00 PM
From: Jimbo Cobb  Read Replies (1) | Respond to of 737
 
Victor...I think the 1.5 million shares is correct based on the SEC filing...I just pulled the 2.5 million from maven's post. 1 month would be the minimum time between filing and actual IPO....I was just giving a rough estimate, as I imagine they will try to get the deal to market pretty quick while folks still remember the quick move to $60 by Extreme Networks....not exactly the same business but it has "Networks" in the name and that is close enough for this market.

Perhaps the best part of the RAMP filing for LPGLY in my opinion is simply the "2nd barrel" effect....often after a hot IPO, the "backdoor play" drops while the actual IPO keeps going up...perhaps some arbitrage here with folks shorting the "mother stock"...with a 2nd hot Internet IPO on the way from LPGLY's stable a month or so out, that should very much discourage any short-sellers from LPGLY and create some additional upward momentum after what should be a HUGE IPO in NETP....

Again, if InterNUTS continue to see a big correction, all bets are off, but LPGLY in the 20's with 2 big Internet IPO's on the way seems like a no-brainer to me...

Jimbo.



To: rupert1 who wrote (199)4/17/1999 4:17:00 PM
From: Jimbo Cobb  Read Replies (1) | Respond to of 737
 
Victor...60 days is probably closer to reality, but it could be compressed....here's the example from Extreme Networks (EXTR)...

They filed with the SEC on 2/8/99
extremenetworks.com

They went IPO on 4/9/99
extremenetworks.com

Who knows what market conditions will exist in 60 days, but for the short-term, I still think this is very important for keeping excitement in LPGLY....3 consecutive hot deals (apparently) with big-name underwriters in NETG, NETP, RAMP for LPGLY...sure makes LPGLY appear to be the best "Internet Venture Capital" play on the market behind CMGI !!!!!!!

And I still don't think most people have found out about them yet...after NETP and leading up to RAMP, I think a lot of folks will still be finding out about and being attracted to LPGLY...plus there's a lot of institutional and insider ownership, so there's not a huge float like some of these small stocks that come out of nowhere....

GO LPGLY !!!!!!!!

Jimbo.