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Technology Stocks : Webvan Group (WBVN) -- Ignore unavailable to you. Want to Upgrade?

To: egggmann who wrote (202)	6/27/2000 12:14:00 PM
From: Rajiv	Read Replies (2) \| Respond to of 464

I am sure he will find an excuse. What amazes me is that HOMG and its adviser Morgan Stanley fell for it. 3 months after HOMG sold stock at $12/share in an IPO, it accepts a bid for around $9 in internet currency which is rapidly devaluing. HOMG is a bigger firm (in terms of revenue) and it settled for around 28% of the combined entity. My guess is the HOMG CEO has another job lined up and was in a hurry to cash out. BTW, I am short both HOMG and WBVN. Regards, Rajiv