valuation and background, page-20

Ipod...

Sorry to hear about your loss...it kind of puts things in perspective.

As for your orders on market...you might be surprised to see just how far this thing will go if the churn were to suddenly stop.

A suspect a few executed a net exit today...yet the price finished way above their average exit price without them getting back in. If it was a dump and reload effort, they have come unstuck...if however it was just genuine profit taking from lower, then with the stock finishing higher than their exit, it suggests their stock was absorbed by those with higher targets in mind.

Another consideration...many would have boght and sold intra-day today, as would a lot of the buyers from yesterday have exited by the close. In the current market climate, many do not like holding overnight...these same people will not think twice about buying back in again if they feel it will continue to run...and likely sell before the close yet again.

There will be further news on this soon...I am sure they are probably running some numbers as we type.

Cheers!