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Technology Stocks : Internet Capital Group Inc. (ICGE)
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To: puborectalis who wrote (1481)4/11/2000 4:09:00 PM
From: puborectalis  Read Replies (2) of 4187
 
A spokeswoman for ICG said the company's strategy won't change. B2B is ICG's core competency and the company is determined to generate IPO winners such as Breakaway Solutions (Nasdaq: BWAY). "The land grab is not over yet," she said.

ICG said it plans to invest in the B2B leaders. The company also said it's premature to predict a B2C-like (business-to-consumer) collapse. ICG is so confident that it doesn't plan to expand its investments around to other categories.

Good move? We'll see. ICG is betting its market capitalization that B2B will continue to produce IPO hits.
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