Internet Capital Group Inc. (ICGE) Message Board

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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: Susan G who wrote (704)	10/25/1999 11:25:00 PM
From: LLCoolG	Read Replies (1) of 4187

Susan, Early ends to lockups can happen whenever the underwriters can line up a buyer and a seller. For a prime example, look at Extreme Networks. They had an early lockup release that brought the stock from 70 to 53. These are great chances to add stock. Why would an underwriter provide an early release? If a nervous holder wants out, do you really think the underwriter would sell the stock to a new client only to see the stock go down? With Extreme, Morgan got the selling out in the 50's, only to bring the stock to 100 shortly thereafter. It still trades in the 70's and 80's--not bad for 6 weeks. Too bad for the nervous sellers. It is bad very short term, but it wuldn't bother me at all if they had an early release. If you want to time B2B stocks, you are far better off playing the individual companies. Just MO. G

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