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


To: HEMIGUY who wrote (295)4/21/1999 3:06:00 PM
From: KevinThompson  Read Replies (3) | Respond to of 737
 
Yes, I've been watching LPGL ever since I missed getting in when it was at $14. Regrets for sure!

As for the IPO coming out finally, I am reminded of a recent example of DBCC being run up big just before the MKTW IPO. Day of MKTW trading, DBCC tanked. Another example is the MALL/UBID thing. Like DBCC, MALL was runup big, but as soon as UBID came out, it also tanked.

I'm not trying to imply that LPGL is anything like DBCC or MALL, I believe it is a much more financially sound company, but my observation of past similar situations is clear.

Does anyone have any guesses whether LPGL stock price will fall short term on the news of the IPO pricing then trading. If so, that would be a good time to buy some - much UNLIKE the DBCC or MALL situation.

Regards,
Kevin



To: HEMIGUY who wrote (295)4/21/1999 3:11:00 PM
From: Jimbo Cobb  Read Replies (1) | Respond to of 737
 
I'd expect LPGL will be up tomorrow on the expectation of the IPO...Friday is a tough call...not sure...

Jimbo.