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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: Dalin who wrote (817)12/8/1999 11:40:00 AM
From: Todd DeMelle  Read Replies (1) of 4187
 
This from Individual Investor:

Internet Capital Group (NASDAQ:ICGE - news) , an Internet holding company, rose $31.25, or 18.4%, to $201.25 after it said it will
receive $50 million from AT&T (NYSE:T - news) and another $40 million from a Kuwaiti investment company that it will use to repay debt
and make more investments in business-to-business companies.

AT&T also expressed interest in building a relationship with Internet Capital. The company's shares have risen more than 14-fold since its
August IPO.

Shares of AT&T fell $0.88 to $57.
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