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Non-Tech : Berkeley Technology Limited (BLKYY)

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To: AmericanVoter who wrote (239)4/3/2000 11:42:00 PM
From: MSB  Read Replies (2) of 955
 
Got a question or two to throw out about LDP with regard to its stakes in upcoming IPO listings.

Given the recent carnage (so far the Naz correction has surpassed anything I would have expected so the word "carnage" seems appropriate to me), is there perhaps a possibility LDP is getting whacked because of a perception that IPO's going public may not get the richer valuations out of the gate like we've all seen over the last six months?

Also, I've noticed it really doesn't matter what exchange a stock is listed on (NYSE, NAZ., AMEX) when it comes to the zealous correction we've seen for tech stocks with higher multiples to earnings ratio's. Without really knowing why a purchaser is holding LDP, does LDP rise fundamentally given its other areas of business, or is it seen as a tech play and gets the frown if techs stay in a slump (which I don't personally expect, but then I didn't expect to see the Nas. fall as far either)?

Have done only minimal research so I apologize in advance if some of the above sounds....uninformed.

Great thread, btw. Very informative.

All comments received regarded as merely speculative.

Mike
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