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


To: dk10438 who wrote (265)8/16/1999 6:14:00 PM
From: Tom D  Respond to of 4187
 
I don't know, but I will probably double up tomorrow.

I bought 2000 at $28 on Friday.

I think this company could become perceived as an internet B2B "concept stock" with no connection between its valuation and its fundamentals. In my opinion this new high on good volume during a lackluster day is extremely bullish. I expect momentum investors to pile on this week.

I will try to sell half of my shares at $70, and half or all at the peak which follows the brokerage recommendations at the end of the quiet period.

I will not double up if the CPI is really bad, however.

Tom D