To: Cactus Jack who wrote (28411 ) 1/5/2001 4:20:44 PM From: im a survivor Respond to Agreed...the leaders will be the first to rebound. And again, I would not and am not really recommending anyone buy icge....I can give you a dozen reasons not to buy....and only one good reason to buy...which is the same for many co's right now. Price. Heck, I grabbed a little icge at around $3 and change just for the hell of it...will add more if it hits $1....same with quite a few of the other POS's that are out there. At this point, icge simply hits $10 off a high of $200, I have a nice 3 bagger.....like I said, pure gambling, but it's weird....Co's like brcm ntap and etc, I love....far more then little pos ICGE, but I'll be damned if I dont feel more comfortable buying icge at $3 or $4 then Ntap at $50 - $60.....Heck, one has no pe, the other a very high one...but just price alone makes something like icge a possible big play. One thing this market has proven is you can take valuation and pe all day long, but one very big factor is very simply price. many folks dont give a rats ass about pe or valuation, they like atml because it can only go down $13 versus $120 for a 4120 stock. Folks like icge because it can only go down $4 versus $100 for a $100 stock....it amazes me how many novices trade this market....those same folks that think a split increases a stocks value are the same ones that buy stock abcd over stock fghi, because it is cheaper. they look at nothing but current price and past price, possible downside and possible upside. they could care less if the company sold widgets, made billions or lost their ass. price, price, price.
