To: xcr600 who wrote (221 ) 3/24/2000 11:16:00 AM From: J. Conley Read Replies (1) | Respond to of 955
x, I also think that after this consolidation phase the next move will be to new highs. The dips are being bought, and there is in all likelihood sideline money still waiting for an opportunity. Also, there is a lot of news or events in the next several weeks that will likely be positive for the stock price. There are catalysts on the horizon. There is currently some buzz about RAMP being acquired; and DCLK is going into a new index, and will continue to make gains. FBR talked about Mayan Networks in previous reports; Mayan was invited to present at conference in April (as was previously posted), and based on FBR's previous comments and the track record of the presenting companies at that conference, it's not unreasonable to assume that Mayan Networks is close to filing. New Focus is on the IPO schedule for early May. This company is in a very hot area, and could easily attain a market cap of $2 billion or more. I would not be surprised to see them acquired by year end. There is the possibility of new analyst coverage....nothing like performance to get their attention. IMO, there is almost a zero percent chance that LDP will have anything negative to report, and they just may pleasantly surprise us again. There are several other private equity investments that could have news. LDP will continue to be "discovered." I also think that the split will take some of the technical and other pressure off. That is, the huge run will not be as much of a barrier for the chartists or for those who are hesitant to buy a stock that has made a big run. If you start anew with a 30ish price post-split, it is just not as big a psychological barrier that the stock already ran from 30 to 120.......and you missed it.