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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (98718)5/21/2000 10:44:00 PM
From: puborectalis  Read Replies (2) of 120523
 
ICGE....E*OFFERING, a leading Internet investment bank, today announced the initiation of coverage on
Internet Capital Group, Inc. (Nasdaq: ICGE - BUY, $31-1/4) with a BUY rating. Senior B2B E-Markets
and Services Analyst John Ederer offers an overview of the company and an update on the B2B
market in which he addresses the total market opportunity for B2B e-commerce.

"We believe that Internet Capital Group, Inc. represents an excellent
investment vehicle to capitalize on the mammoth B2B e-commerce
opportunity, which is projected to exceed $7 trillion worldwide by
2004," Ederer said. "Moreover, the stock has been under considerable
pressure recently, along with many other technology and Internet
stocks. We believe that this turbulent market has created a buying
opportunity and recommend that long-term investors begin
accumulating shares of ICGE."
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