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Re: lefty18 post# 6635

Wednesday, 08/27/2008 7:32:38 AM

Wednesday, August 27, 2008 7:32:38 AM

Post# of 6752
Lefty when speaking with kip did you get the feeling that he has been working on a deal but keeping it shelved until the market is more positive ?
The market over the last year (post subprime implosion) has been negative to most stocks which has probably had an adverse effect on the R/M market i.e. investors are extremely cautious where they invest there money (less risky stocks).

It was his comment ''He said that he has been encouraged by seeing some good mergers taking place over the last month''.

You get the feeling through that statement that he and maybe the merger candidate are waiting for positive market conditions for R/Ms or he is encouraged because good companies are again looking at shells to go public.

Just a thught.

GM

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