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


To: Jarhead who wrote (1190)1/30/2000 1:43:00 AM
From: saket chadda  Read Replies (2) | Respond to of 4187
 
JAr,

Hopefully, we will not see below 108 or so. With
regards to getting in, IMO monday is a good day
to buy the stock. Teusday ICGE is presenting at
an importanat forum, and it has three IPO's
slated for the month of Feb. You may end up
chasing the stock and it never in your reach.

Lock up will expire without any further erosion
in price. Insiders bought big time at the secondary
offering of $108. Why would they sell within a few
months at 120. This lack of selling, combined with
the fed raising only 0.25 basis point, along with
couple of successful IPO's could set fire to this
stock. Stay the course, buy and hold....

SC