compression algorithm!

[abhishek jain]

Hi Friends,I have a task to discover or search for a compression algorithm
which compresses even 300 - 400 characters to about at least 200-300%
compression reducing them to 150 characters.

Is this a possibility, i know it should be,
I need to research more on this, so if you can please point me to some
articles or let me know with some code it would be great.

-- 
Thanks and kind Regards,
Abhishek jain
07799 328 727