We consider grammar based text compression with longest first substitution, where non-overlapping occurrences of a longest repeating substring of the input text are replaced by a new non-terminal symbol. We present a new text compression algorithm by simplifying the algorithm presented in [4]. We give a new formulation of the correctness proof introducing the sparse lazy suffix tree data structure. We also present another type of longest first substitution strategy that allows better compression. We show results of preliminary experiments comparing grammar sizes of the two versions of the longest first strategy and the most frequent strategy.