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Strategies & Market Trends : Rande Is . . . HOME

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To: JD who wrote (17037)	12/21/1999 9:23:00 AM
From: Rande Is	Read Replies (2) of 57584

ICGE at 150 pre-market [up 12 from yesterday's final hour buy]. I believe this is one of the few that could power through its split. . .in other words, most stocks are played on their split. . . they run up before the split announcement. . then they sprint on the announcement for several days. . . selloff. . .and run again a week before the split, then selloff the day before. . . get the split and weaken. But I believe that ICGE is really being seen as the CMGI of the B2B and that the demand is not necessarily by the individual investors. . .in fact, I am not seeing all that much discussion of it. . .daytraders are all over it right now, but that is it. . . I believe that the primary interest that is driving it right now is the mutual funds. . . and that they will continue to buy it . . . despite the split. They want this B2B incubator stock in their 2000 portfolios. . .and since there is only a 14.9 mil float. . .we are getting a QCOM effect. . . where nothing stops it. I asked for 20 more points yesterday. . . and have 8 more before I see them. . . but that does not mean I am selling. . . I think this stock will perform similarly for some time to come and will soon be in the mid 200's pre-split. Rande Is

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