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

To: chen yi who wrote (389)	4/22/1999 11:58:00 PM
From: David Wang	Respond to of 737

Let me share my experience with WCAP... I bought 15,000 shares WCAP between $10-$11 in February. WCAP went down to $9 in late February. ROWE.COM IPO was scheduled on March 8. At that time I was surprised WCAP did not go up much ($13 with very low volume) before ROWE.COM's IPO. A lot of investors warned WCAP will back to $6. I was scared by these type of warning. WCAP did fall $1-$2 to $10 1/2-$11 level and remain at that level for couple days. Next Monday, WCAP soared from $11.5 to $25 with volume more than 10 millions shares. And couple weeks later WCAP went from $17 to $65. It proved that those investors sold or shorted at around $12 MADE BIG MISTAKE!! I think LPGL is a lot better than WCAP. Even though it did drop few points tomorrow, I think it will recover quickly and move into higher level. Think about this, even little stock like WCAP can run from $10 to $65, why can't LPGL do the same thing??