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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: fedhead who wrote (31885)	10/29/1999 7:45:00 PM
From: Benkea	Respond to of 99985

"Whatr was the cause of the reversal in ICGE ?" Competition from CMGI that closed near the high? They did file their 8k today, but I haven't read it.

To: fedhead who wrote (31885)	10/30/1999 8:35:00 AM
From: theRedDog	Respond to of 99985

>>>>>> Whatr was the cause of the reversal in ICGE ? <<<<<< I think they report earnings Monday. (Zacks estimate: 0.18) Take care, theRedDog

To: fedhead who wrote (31885)	10/30/1999 1:41:00 PM
From: Robert Rose	Read Replies (2) \| Respond to of 99985

<Some of the major names in DOT are not rallying like AMZN, EBAY and PCLN. Don't know how much further the DOT can go without the brand names. > Ecomm isn't delivering right now the way many had hoped. Even a growing river of red ink had been forgiven as long as revenues grew even faster. These big ecomm names have just reported less than stellar revenue growth. That's a big No No. The momentum has now shifted to B2B and comm infrastructure. I wouldn't worry about icge AT ALL. The stock has just finished a 30% run in the last two weeks. It deserves and needs a rest. It remains above it's 10-day ema, as it has for all but one brief instance in its short 3-month life. Meanwhile, the stock has powered from 12 to 116, making it one of the GREAT investment stories of 1999. It's definitely a keeper in a bull market, and should be bought on any dips in that environment. 80% of the 50 inets I follow are above their 10-day ema's. We've just had a wonderful week and the dot is still 10% below its record high set way back in April. My stock pick for next week: jnic! Rob Whatr was the cause of the reversal in ICGE ?