Check this out: "Over 2,000 investors who gathered for the 13th annual Goldman Sachs Technology Symposium heard just about every company present its ''.com'' business plan to make their hardware, software and computer services Internet-ready.
But it was the pure-play Internet companies like America Online Inc. (NYSE:AOL - news) and eBay Inc. (Nasdaq:EBAY - news) which drew some of the biggest crowds and had men in banker-blue suits sitting cross-legged, captivated by the presentations.
''You couldn't get into some of the rooms,'' Ken Zolot, a private investor and Goldman Sachs client said of presentations by Internet companies like E*Trade Group Inc. (Nasdaq:EGRP - news)"
We're finally getting the sort of attention from "the men in banker-blue suits" that we've deserved, with them even having to sit cross-legged on the floor, and yet even captivated on top of it!
And to Tom Hua: thanks for the post, although I don't consider the lawsuit as being anything to worry about, and the insider and institution shares being sold didn't look too out of the ordinary to me, either. As you know, it's not at all unusual for an executive needing cash to sell some stock, and institutions move in and out of stocks like EGRP all of the time. |
