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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: Mohan Marette who wrote (38)7/27/1999 1:53:00 AM
From: Tom D  Read Replies (4) of 4187
 
What are the three large core holdings of ICGE?

I found the second half of this article to be the best analysis of ICGE that I could find with my meta search bot.

herring.com

<<(The Securities and Exchange Commission mandates that operating companies like ICG must own more than 25 percent of the companies that they control and be the largest shareholder in them.) ICG thus plans to invest 50 percent of its fund into three "core" companies, whereas traditional VC firms rarely place more than 10 percent of their capital into one company. Such large bets theoretically mandate that all of ICG's investments further the success of its core companies.

The company also plans to issue ICG shares to all of its portfolio companies. Sharing the ownership of the company will give the entire portfolio a concrete financial incentive to work together.>>

Does anybody here have a good understanding of ICGE? I just stumbled across it a few hours ago and am doing some DD. What are the three large core holdings and what percent of them does ICGE own?

Thanks,
Tom D
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