Sometimes I think the people involved in Web businesses have an unfair advantage at this game. After all, I knew that TheStreet.com (TSCM:Nasdaq) uses Exodus (EXDS:Nasdaq) as a host and Kana (KANA:Nasdaq) as a mail-serve technology. I know our tech crew uses an Accrue (ACRU:Nasdaq) database to generate page-view reports.
But before you accuse me of having a leg up, I sold most of these stocks long ago. Maybe because
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since the October lows.
This kind of institutional selling bears watching. Selling has all of the aspects of an illness. Someone gets it, and then it gets passed on if it isn't contained. It could be because of the holiday. (I know I am taking some time off to be with my family in the next three days. ) But I will keep an eye out for this to see if it develops into something bigger.