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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: LLCoolG who wrote (691)10/21/1999 9:48:00 AM
From: Craig Richards  Read Replies (2) of 4187
 
I figure if half their companies do actually go public, and each average a market cap of $1B after the IPO, that creates a market cap of around $20B for ICGE. Nice return from here.

Ummm, you might want to look into this a little more. ICGE doesn't have investments in 40 companies, last I looked it was more like 23. Also, ICGE's stake runs from a few percent to a majority ownership stake. So if half of 23 companies go public and get market caps of $1 billion, ICGE's stake of 12 billion dollar companies will only be a few billion.
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