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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Elwood P. Dowd who wrote (61715)	5/19/1999 8:38:00 PM
From: rupert1	Read Replies (1) \| Respond to of 97611

El: ++++++++OT++++++++++ FATB could still idle (after a short-term pop) for a long-time. I will not buy more above $15. LPGL is the one that makes me rub my eyes in disbelief. $25 has been its base for a few weeks now, except for a temporary dip last week to $23/24. Its book value is $20-25. Incredible low volume. But the most amazing asset values. It pays a dividend and has strong cash flow from its profitable and growing insurance and annuity business. Under the UK system it will produce 6 monthly earnings in July, I think. New accounting policy allows it to state the capital appreciation of its venture capital investments as profit, to add to the profits from its annuity business. It has a string of internet IPO's coming out in which it holds 8-15%. I don't know if and when the NASDAQ ADR's will become known, but I believe they will. There is a lot of scope for appreciation and a very solid, profitable company in the meantime.