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


To: KevRupert who wrote (1210)2/1/2000 9:37:00 PM
From: KevRupert  Read Replies (1) | Respond to of 4187
 
That last post should post insider selling/buying for icge. Anybody have any info on pending sales for insiders & specifically when the date can begin (was it today or tomorrow?) TIA



To: KevRupert who wrote (1210)2/2/2000 9:31:00 AM
From: Sam Citron  Read Replies (2) | Respond to of 4187
 
Advalorem,

I see no 144s at all, but wouldn't expect to see them until the shares have already been sold.

The gorilla is SFE. They will need to start reducing their holdings, but expect that they will do so with great sensitivity as to minimize market impact.

Officers, of course, have 99% of their wealth tied up in ICGE stock and are under constant pressure from their financial advisers to prudently diversify.

Comcast venture cap fund overweighted in ICGE and may be under pressure to rebalance.

I expect most nervous longs have hedged with options so I do not expect anything extreme from here. Doubt we will go below 100 for very long, if at all.

Sam