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


To: Scott Bergquist who wrote (669)6/1/1999 10:51:00 PM
From: xcr600  Read Replies (2) | Respond to of 737
 
Volume poor in many issues right now.(Granted 18k is pretty anemic). Lots of cash on the sidelines. I think this is a great buying opportunity, but with the Naz getting pummeled, I'd rather watch and wait till we put a bottom. Actually, may dump a loser to add some LPGL this week. I do believe the naz puts a bottom in this week.

One other issue that hasn't been addressed here. The number of ipo's lately has been incredible. Many, if not most, have been total junk. Currently, I feel people are a bit gunshy after so much crap has been dumped on the market. Now we whould return to more quality issues only coming to market. The timing for RAMP and PKTR couldn't be better, imo. They will be quality issues at a time when quality really will matter. Would like to see LPG with some more pr as June nears an end.

One more thing. We won't see earnings till Sept. They only need to report twice a year. Wish we didn't have to wait that long, but such is life.

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