Digex (DIGX) - Stock goes off tomorrow at $17 Message Board

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Technology Stocks : Digex (DIGX) - Stock goes off tomorrow at $17

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To: Sam Matz who wrote (4)	7/30/1999 9:07:00 PM
From: eugenic1	Read Replies (1) of 24

Not even two years ago DIGX was trading at 6, then was taken out by ICIX for 13. The 10 million sold today was only a 17% stake in the company, I believe. Amazing how things change. The founder of DIGX, Doug Humphreys, and ceo Chris McCleary, cashed out for about 15 mil each. And today's offering of only 17% of the co., is valued at 220 mil...The new heads, who have about 500k shares of this new IPO, have done very well after being hired only months ago. I wonder what Humphreys and McCleary think about today's action? I assume they have gone on to build clones of the company they sold barely two years ago, and do it all over again. Isn't the internet and the market an amazing mega money creating thing?????

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