Is this a flower spike with roots?

[JenHowlett]

This is my nobile-type Dendrobium Love Memory 'Fit'. From the photos below, you'll see that my baby Den is about to have three flowers on the spike. Yesterday, however, I noticed two little "feet" coming off the base of the spike where it attaches to the cane and to me they look an awful lot like the beginnings of roots. Is this a flower spike, a keiki, or some kind of cross between the two? I've got the start of two more spikes (and possibly a third) at other places on the cane as well so I'd really like to have an idea of what I'm dealing with.

Also, I'm sorry, I got the best photos I could, but the whole plant is really only about 6 inches tall and I'm not exactly a camera wiz.