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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: Islander99 who wrote (1004)1/8/2000 12:37:00 PM
From: Tom Hua  Read Replies (1) of 4187
 
If shorts just went long on these technology growth stocks, they
would make money.


Islander, you should be thankful that there're shorts out there to help support the price when the inevitable collapse of this stock occurs. As pointed out in Barrons, most stockholders are small retail investors, no institutions. And when insiders begin to dump millions and millions of shares next month all the way up to May, who's there to absorb the shares?

Regards,

Tom
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