Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Internet Capital Group Inc. (ICGE) -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (254)	8/14/1999 6:44:00 PM
From: Tom D	Read Replies (3) \| Respond to of 4187

Threw in the towel and bought some at $28 on Friday. I have been out of town vacationing for a week. No internet access. Bought 2K shares at limit of $28 via E*Trade with an order before the market opened, when I saw the PPI. I still hope to buy another 4K shares around $24 or $25, (have given up on the high teens) but I'll probably have to get lucky. I think ICGE is overvalued, but what promising internet company is not? I am deferring an investment in HomeStore because, on reflection, I agree that it appears that they exist to prop up real estate agents' fat 7% commissions. Buying stock in HOMS would probably be like buying stock in MSFT. It may make money, but I don't like what they are doing on an emotional level. Hopefully the internet will make it possible for folks to buy homes without paying 5 or 10 thousand dollars to a real estate agent, who will add less and less value for home buyers in the future. Tom D