Internet Capital Group Inc. (ICGE) Message Board

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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: Tom Hua who wrote (992)	1/7/2000 7:43:00 PM
From: still learning	Read Replies (1) of 4187

That's nothing new. ICGE has been given that rap already. Most of that is accounted for by the few (3) IPOs ICGE has had. With OPUS and EMRG due in Jan/Feb., NAV will even out a little. We may see NAV at closer to $20 a share in a month. BTW I show NAV at about 2.8 B right now; that's approx. $10.71 per share. So we're actually at about 16 times NAV. I think ICGE has some catching up with itself to take care of, but the IPOs will help settle that, and the share price will probably come down a bit, but I doubt we'll see massive insider selling or a run for the door. We should, however, see some steady downward pressure into Feb as lockout ends. Barrons article will have little to do with it. I doubt that's the "precipitating event". More likely ICGE will follow (or lead) market sentiment based on NAZ direction.

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