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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (792)	1/13/2007 9:49:04 AM
From: RockyBalboa	Respond to of 3862

As you say, its a "safe" aquisition perhaps not living up to the high hopes put into the founders, see earlier comments from Carl and me: Message 22851884 Message 22852038 I think it is only a result of the fact that due to valuations in general, the biggest problem appears to find reasonable aquisition targets. Still - the best of the companies do a direct IPO and not a reverse merger. As for the repurchases or retirements of stock it seems that the pressure of investors on initial management is pretty high. After a series of naughts it can be expected that some shells succeed and do not liquidate; otherwise investors would no longer support the concept of collecting money into shells at low interest rates.