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

To: KevinThompson who wrote (297)4/21/1999 3:10:00 PM
From: still learning  Respond to of 737
 
it depends how Netp does on first day of trading. If it goes to $80, I'd go so far as to say there will be a positive impact on LPGL <VBG>

OTOH, if it goes to $22, we'll certainly see a pullback.

That's the short term. For the next 1-2 weeks everythingwill depend on how NETP and other currently public LPGL holdings do (and there are just a couple to look at).



To: KevinThompson who wrote (297)4/21/1999 3:38:00 PM
From: chen yi  Respond to of 737
 
Hi, Kevin. In my opinion 30$ is a very safe price for LPGL after ipo of NETP, if not more. The way I see the price rise recently is not because the ipo of NETG or NETP on Friday, it is because we discover the little gem LPGL. Although it needs more and more people to discover. You know sometimes discovery and belief cost you some money.
As lots of posters have calculated, NETG will probably bring unrealized gain of 2.$ /share. At the price of 40$, NETP will probably bring 5-7$. And more and more companies they own will go public in months. What great potential we have here.
The only problem the company has is unpopularity to most of the investors. But that's an advantage to people who discover it first like you and me. I am not trying to persuade you to buy this stock. But I am in not because I want to sell right after ipo of NETP. And if it ever go below 25, it's really a steal IMO.
Sorry for my poor English.
Chen



To: KevinThompson who wrote (297)4/22/1999 12:05:00 PM
From: Ken Whiteside  Read Replies (2) | Respond to of 737
 
Kevin, Jimbo. Kevin here sees it the way it is, but can't quite pull the trigger. Low, volume like this stagnating at 32 with pricing happening tonight is the way it always happens. After watching level II for the day, I don't think we'll see 35. It's all over till RAMP moves it up again. See ya around $23. You've got to admit, something is strange if it's gonna run up. Where's the volume? The money is leaving and heading to NETP.


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