Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Berkeley Technology Limited (BLKYY) -- Ignore unavailable to you. Want to Upgrade?

To: JSB who wrote (394)	6/13/2000 7:24:00 PM
From: xcr600	Read Replies (1) \| Respond to of 955

What time was that at? i'd like to take a look at time/sales data. thanks.

To: JSB who wrote (394)	6/14/2000 12:26:00 AM
From: J. Conley	Read Replies (1) \| Respond to of 955

I also like the business model, but I suspect some investors do not fully understand the synergy involved and in fact may look on the company unfavorably because of it. Perhaps some think the insurance business as a standalone is a poorly performing business when they simply look at the raw numbers absent capital gains. But if you take the value of the current public equity and placed it, like a normal insurance company, into a very conservative income producing asset and you did the same with the private equity, and you also add back to the insurance company the money skimmed to invest in private equity, what happens then. Would you still have an "under-performing" stand alone insurance business? Isn't LDP penalized by some for not merely trying to get their 100 or 200 basis points? Isn't the VC expertise and investments why their ROE is much higher than similar companies, and for the same reason why their insurance biz is considered under-performing. This is based on my own rank speculation, but I hope right now Trueger, et al., does not make a bid for the entire company. I believe he currently owns approx. 38% of the company, options included. He rubs shoulders with some big players and is apparently well connected. If they still think there are a few potentially big winners in the private equity (and I believe they do) and the public equity, they may decide to attempt to take it private. I know they considered this last year, and I think things look even better for the company now than they did then. Given management's acumen, I would guess there is a poison pill of some sort in place for any hostile bids. However, I don't know if there is one or any other restrictions.