VerticalNet, Inc. [VERT] Message Board

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Technology Stocks : VerticalNet, Inc. [VERT]

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To: Sandman who wrote (720)	2/1/2000 3:24:00 PM
From: craig crawford	Read Replies (1) of 1094

People were freaking out. I was watching the action in the stock and the market makers were just walking away. They weren't about to keep an orderly market in the stock so that spooked people away from buying the illiquid names and sent them scurrying for liquid tech names like CSCO, INTC, etc. I'm not complaining though, plenty of times MM's walk stocks up higher so you can't have it just one way. VERT is going much higher so if you don't have a highly concentrated position like I do just sit tight and let it run. I have too many shares to be greedy and not take out some insurance. I will be happy to cough up my shares to someone else for 250 considering the 42 points in premium I have collected. Not too far off VERT will see 400, then 500, then 600. My #1 pick for the next couple years

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