Hi Gary (& Tom, if you're out there),
This is even better than e-mail; an EXCLUSIVE board on SI. Thought I'd post some musings so the CyberCops won't cancel this board due to inactivity.
Today was a good day - record close @ 13.25. We've bumped that # once or twice prior, but never closed this high.
Per Greg @ ICC (Monday or Tuesday), Mark & the gang are to begin GOAE road show Friday & Monday (April 25 & 28). I'm hoping that price is now positioned to move significantly higher (SOON). Based on last 2 days volume (91K average) vs. average volume since inception in February (38K average) coupled with record high close, we may be sitting pretty right now. For better or worse, we shall know soon.
Note: THE FOLLOWING IS A TOTAL DREAM THAT IS 100% HYPE & SHOULD NEVER BE POSTED ON ONE OF THESE BOARDS. The only reason I'm posting such is because NOBODY READS THIS BOARD!!! So I figure it's OK.
From HP press release today: biz.yahoo.com
<<HP( Hewlett-Packard Co ) says may eye other Internet acquisitions PALO ALTO, Calif., April 23 (Reuter) - Hewlett-Packard Co Executive Vice President Rick Belluzzo said the Internet has been a central part of the company's strategy and pursuit of it could eventually lead to further acquisitions in the area. Belluzzo, speaking in a conference call with analysts and reporters, said HP hopes to close its roughly $1.18 billion acquisition of Verifone Inc by midsummer. VeriFone Chairman and CEO Hatim Tyabji said in the call that he expected the deal to enable the two companies to "sharply accelerate the evolution and acceptance of electronic commerce," such as Internet and smart card transactions.>>
Re: electronic commerce . . . that's us, ain't it? All right, so it's a dream. BTW & FWIW, Verifone stock went from 30 to 47 (56% gain in ONE DAY) after this announcement. I'm somewhat of a novice, is 56%/day an acceptable rate of return?
Well, we may not make 56% in one day, but if things go as I'm hoping, I think it's quite conceivable in the short term (with or without HP).
If not, at least this should qualify as one of the most meaningless (and unread) posts in SI's short history (I gotta leave some sort of legacy).
See ya'll/you guys/yous guys (your choice), David |