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To: George the Greek who wrote (233)3/31/2000 9:04:00 PM
From: xcr600  Read Replies (1) | Respond to of 955
 
The dip was a bit gut wrenching but nonetheless "healthy". I had an order to get back heavily into the stock at 21 9/16 as it was the lower bollinger band range. Overshot that some so I missed getting 19. Rebounded nicely back to 23. Stock traded heavy volume in the 19-20 range so it should act as a good floor again. (Hoping we never need it) I feel like we are set for a nice run again. I am very heavily weighted in this stock.. Much more than I normally am but I am confident of a nice run next week. Past vicious dips have been met with nice returns following the dip. Let's see if history can repeat.

Good luck all.



To: George the Greek who wrote (233)4/2/2000 4:19:00 PM
From: J. Conley  Read Replies (2) | Respond to of 955
 
>>>LDP retreat from the 30 level to a low of 19 today was ghastly. Smoother sailing ahead hopefully.<<<

Sure was ghastly, but really no worse than the similar dip in February. It also was around a 50% retracement, from the low to high, of the very "strong/ghastly" up move that had then occurred. :>
Support again held at this retracement area, around 19 20... and at around the 50dma and longer term trendline. I will be a buyer if we get there again, and if not will still look for an opportunity to add to my position this week.

LDP had a very nice March, up close to 30% for the month.
IMO, it dropped hard because many investors had huge profits in LDP and profit takers overwhelmed buyers in the tech stocks last week. Also, early last week many with profits had still not sold and were still holding most if not all their shares, for it really looked as if LDP might break to new highs.

Also, IMO, the NAZ saw a selling climax on Thursday, and again in IMO held support and the longer term trend. The NAZ acted about as you would expect in a correction (though it all happens much faster than it used to). Only time will tell how it plays out, but my bet is that in the short term (over the next several days) we will see a rally in the tech stocks.

IMO nothing any bearish commentator has said this week is really "news". In fact, many LDP investors probably agree with many of the statements about "internet stocks", the borderline IPO's, the high valuations of Nifty-Fifty large cap tech stocks, et cetera.

I simply do not perceive LDP as a high-flying tech stock with a questionable business model; it's not all venture capital, and it's not all insurance and money management.
Is it new or old economy?

Hey, where's my dividend?



To: George the Greek who wrote (233)4/7/2000 1:03:00 PM
From: MangoBoy  Read Replies (1) | Respond to of 955
 
[Saba shares more than double after $60 mln IPO]

NEW YORK, April 7 (Reuters) - Saba Software Inc. (NASDAQ:SABA) shares more than doubled in value in Friday trading after the Internet software provider's $60 million initial public offering.

Saba shares last traded up 21-1/4 to 36-1/4 on the Nasdaq, a gain of over 141 percent, after the company's $15 per share IPO.

Saba had priced 4 million shares above a $12 to $14 per share price range through lead underwriter Goldman Sachs. The company has about 42.9 million shares outstanding after the IPO, giving it a market capitalization of over $1.5 billion if it maintains its early gains.

Saba is a provider of software that allows companies and governments to create and use global networks over the Internet to provide learning systems. Its customers include Cisco Systems Inc. (NASDAQ:CSCO) and Anheuser-Busch Cos Inc. (NYSE:BUD)

The company posted revenues of $5.2 million and a net loss of $17.7 million for the six months ended Nov. 30.