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Strategies & Market Trends : Gorilla Game Investing in the eWorld

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To: Teflon who wrote ()11/3/1999 8:23:00 PM
From: tekboy  Read Replies (1) of 1817
 
ICGE?

Ok, here's the kind of question I hate from others but will post anyway in the hope that some of you are more forebearing than self. Several weeks ago, inspired by the discussions here and the wave of B2B enthusiasm emerging everywhere, I got into ICGE around 100. After a couple of weeks it had gone up a little and down a little more (a few times each!), and I finally sold out in the low 90s to fund a separate G&K investment. Of course, given my perfect timing, a few days later it seems to have started upward and is now distressingly far above where I bought it originally. My question, to those of you who follow ICGE closely, is about valuation: are these prices sustainable? is there any rational justification for them? is there good reason to believe that ICGE should/will continue to rise relatively swiftly over the next, say, 1-2 years?

tekboy@shouldn'tbeenviousbutstillam.com
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