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Technology Stocks : Internet Capital Group Inc. (ICGE)
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To: LOGAN12 who wrote (1182)1/27/2000 10:45:00 PM
From: saket chadda  Read Replies (2) of 4187
 
Linda,

Technical charts look quite bad. Keep the faith,
we will need it. Looks like we may go down to
to secondary offering price in the short term.

The good thing is that there will be no insider
selling at these prices. If you look at the
volume today, most of it was retail volume. This
means individual investors like you and me were
bidding the stock lower in order to get out before
the lock-up expires. I think it was an over-reaction.
This shakeout most definitely has shaken out the
people on margin. If you believe in the company,
in the B2B phenomenon, in the investments of ICGE,
hold on.....

Best of luck

SC
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