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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: LastShadow who wrote (10767)	3/19/1999 8:16:00 AM
From: John J H Kim	Read Replies (1) \| Respond to of 43080

DGV Fans: Thursday March 18, 9:24 pm Eastern Time Digital Lava may erupt yet - Businessweek NEW YORK, March 18 (Reuters) - Recent alliances and contracts for Internet company Digital Lava Inc could provide the kindling to fire its languishing stock price, according to an article in Businessweek. The article suggests that the stock, which has fallen more than $2 from its February initial public offering price of $7.50, might be struggling due to a lack of hype and technology that investors find difficult to comprehend. However, bullish investors believe the stock is very undervalued and claim that partnerships with industry bigs such as Microsoft Corp (Nasdaq:MSFT - news) and Silicon Graphics Inc (NYSE:SGI - news) should push the stock higher. Digital Lava develops software for creating videos used for training, research and Net marketing.