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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: Mohan Marette who wrote (491)9/10/1999 9:32:00 PM
From: Tunica Albuginea  Read Replies (1) of 4187
 
Mohan," Watch the stock closely between 2-3 pm EST ". I did.

Sometimes people leave early on Friday's ) last nice days of summer ) and stocks dip for lack of demand.
Which is what happened.
Shortly after 1525 when ICGE started dipping towards 67.5
I started ( ~ 1545 ) to test the supply of stock for sale and put a small buy order at 67, 67.5 and 67 3/4
and they were not executed. I got it at 68 1/16 and 69 7/8.
That to some is an indication that folks ( presumably desperate ones, GG, who want to get out of a stock,
just were not willing to compromise lower.
I take that as a good sign. More people are willing to hold at these lower prices.

Watch next week, Mon, Tues and at least Wed. I think we'll have some action. B2B is significantly higher than
retail internet and look what happened to the nets today as soon as Merrill put out word of their trust,

All IMHO,

TA

TA:Watch the stock closely between 2-3 pm EST,that is now.I am thinking we may see the
lows of the day during this time period,could be wrong but that is what I am hoping for.
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