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Non-Tech : Berkeley Technology Limited (BLKYY)
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To: J. Conley who wrote (532)8/24/2000 9:25:10 PM
From: James Calladine  Read Replies (1) of 955
 
WHAT IS THE MARKET SAYING.....?

I think the market wants us to believe:

-- LDP is in the Internet IPO business
-- The Internet IPO business is finished, over, dead
-- Therefore LDP is just some weird, tax-shelter-based,
insurance and annuity business too complicated to
bother getting to understand

Then, when the message has gotten through to enough bigger
players, who have accumulated what they want to accumulate of LDP, ALL OF A SUDDEN LDP will be:

-- a huge cash cow
-- a retail financial organization
-- a traditional insurance company
-- operating internationally
-- with a PROVEN, hugely successful VC operation
-- generating obscenely large profits
-- worthy of normal multliples of earnings

Of course I may just be dreaming again, or maybe I have
read too many stories of market manipulation, and maybe the
market is completely free and open, wise and omniscient....!

You pays your money and you takes your choices.....

Best wishes,
Jim
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