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

To: RDR who wrote (575)	9/17/1999 10:20:00 PM
From: eDollar.com	Read Replies (1) \| Respond to of 4187

Kieth for the record I shorted ICGE at 81 and bought CMGI at 81. I shorted 2tice as many shares. I agree is is daongerous to go for a naked short in any internet, but I believe I will be happy If I make 15-20% in such a combined trade. I am not sure is I will close the trade with a profit. The same strategy to short LOOK and long LCOS worked very well when the MCAP of LOOK almost came inches to the well diversified lycos. I closed the trade with a 15% overall profit. My latest endeavour is to short BOUT at 36 today. Insiders will be selling around monday-tuesday after lock up. Since I am short an internet(naked) I guess I will ruin my weekend. But the long position in AOL has ruined my fortnight.