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Technology Stocks : Digital Lava Inc. (DGV) -- Ignore unavailable to you. Want to Upgrade?

To: Wesley Jack who wrote (166)	3/30/1999 2:05:00 PM
From: Ben Wa	Respond to of 343

the big volume was within the first 45 minutes of trading. Technically, if it put in a base around the current level for about 6 weeks, it would look very pretty. If HCM's estimates of revenues and earnings are reasonable, the stock would be trading at several times the current price within 9 months time. I was thinking that a reason why a larger firm might not have done this IPO is that it was just too small for them to deal with. I had a company tell me a couple days ago that they wanted to do an acquisition and needed the services of an investment bank, and the I.B. said they were too busy to mess with them. The fee involved would have been around $150,000. So, with the likes of true POS's like Priceline.Com generating banking fees many times what DGV generated...??? Who knows.....