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Technology Stocks : thcg -- Ignore unavailable to you. Want to Upgrade?


To: astyanax who wrote (194)12/28/1999 12:41:00 PM
From: Blue Snowshoe  Read Replies (1) | Respond to of 336
 
Interesting post but...........
Companies like CMGI, ICGE, THCG, etc. all have one basic thing in common. At one time they were very cheap and investors invested in them, which gave them more money to buy more parts of up and coming internets (when they are new or still private).
THCG now has all those dollars from 2 dollars to the 25-30 range to work with. Which makes the company's portfolio grow, gives the company stock to trade with, gives the company money to buy new talent, etc. So by the time you find out they own .1% of a company it has changed to 1%.
If they own 1% or .1% percent of a company really doesn't matter at this time as much as having all that money to work with does. That the street has found the company is what truly matters at this time, not percentages.
With the background of management and the street now knowing who THCG is, the rest will fall into place. The model has been proven in CMGI, ICGE and is now being proved with THCG.
909S, BLUE