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


To: Jarhead who wrote (1203)1/31/2000 9:28:00 PM
From: KevRupert  Read Replies (1) | Respond to of 4187
 
I'm painfully long icge with everyone else. Beginning tomorrow through 5/2000, over 200 million shares become eligible for sale from insiders. Any thoughts on a firm base to begin some accumulating? With the # of shares to be eligible for sale, per the prospectus, the downfall to 50 - 90 (your guess is as good as mine) has to exist. I've heard positive feedback on the cattle ipo coming up. Holmes of ipopros gave positive vibes on it. I want this stock to be approximately 10% of my portfolio, but the huge amount of insider selling is going to tear this apart (my fear - but a good opportunity to buy). I feel the pain coming, but I still couldn't sell what I own. Good luck to all. Any feedback on the expected insider selling is appreciated.

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