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Technology Stocks : Logpoint Technologies (LGPT) -- Ignore unavailable to you. Want to Upgrade?

To: Dolfan who wrote (623)	5/4/1999 9:35:00 PM
From: DIY Investor	Read Replies (2) \| Respond to of 698

I called the company yesterday Mark, I called the company yesterday and had a nice chat with Sam. He seems sincere and I believe his company and its products are real. Both Sam and Pat indicated financials are coming soon. I got the impression that they are in the final wrap-up stage. I'm still not invested in the company yet as I would rather wait for the financials to be available. I also get the impression that Sam keeps tuned into the message board so it can be an effective vehicle to send him your opinions about the company. Spyder, I notice that you and I share another dream stock - MHTX. I bought into MHTX without seeing the financials and still feel uncomfortable about it even though I'm ahead on that pick. I can't wait until the new SEC regulation regarding financial reporting comes into effect. I don't always expect to see profitable numbers for my selections, however, I do like to see some numbers that an independent source verified. Well, that's it for posting. I printed Mark Nispel's 3 part article on the digital age and floating point math. I'll try to digest that prior to retiring for the night. Thanks Mark.

To: Dolfan who wrote (623)	5/5/1999 1:58:00 PM
From: Spyder	Read Replies (1) \| Respond to of 698

Dolfan and Edge, We probably have something in common: making money on stocks. It's easiest to make money by buying low and selling high or another way is to sell high(short) and buy low (to close). There's nothing wrong with either technique. I advise any investor to do their DD before trading BB stocks. I haven't had much time to look closely at the LGPT technology, although from what I've seen it appears to be a fairly simple concept. The big battle will be to get market acceptance of this different approach with users and industry leaders. I have studied, worked in, and know many many people in the semiconductor arena, as well as had lots of experience with embedded floating point processors. Based on my knowledge and past experience, I believe that if LGPT technology ever is to become acceptable to the industry, it will still take several years before it would have any real impact on the market share that conventional floating point processors, (embedded general purpose uP and DSP) enjoy today. My reason for wanting to short the stock. Simple: Pathetic hypesters publishing pathetic crap on legitimate huge company threads like INTC, MOT, TXN, IBM, NSM, etc Hypesters (like KMAC) saying LGPT will run $10B companies out of business, is clearly a desperate attempt to sucker some naive small investors into buying LGPT on emotion. When that occurs, and there's no REAL substance to news and press releases, and no substantial revenue/income nor commitment of revenues/income to keep the stock price at a justified ratio or price, the investors with short time horizons who missed the run up will eventually sell and drive the price back down. In general a stock price that is run up on HYPE will deflate unless there is credible news to hold it. It happens all the time on BB stocks. Smart people can make money in both directions. KMAC's profile indicates he's probably a gambler, so I wouldn't doubt if he's intentionally hypeing the stock to quickly short again and make money on the down side. Although I may be giving him too much credit. Good luck.