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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (87923)	1/5/2001 7:50:31 AM
From: Don Lloyd	Read Replies (1) of 132070

MB - nrstg1s.djnr.com The above might work. "...Q: What else? Straus: We made a lot of money shorting Internet Capital Group, which had a market cap of $60 billion at its peak. They had about $3.5 billion in public-market securities and investments of $1.5 billion. Ten times net asset value. Today it sells at $2 billion. Contrast that with divine interVentures, DVIN. It's run by a very controversial guy named Andrew Filipowski. He built a company called Platinum Technology and sold it to Computer Associates and made all his investors, including myself, a tremendous amount of money. He started DVIN as an incubator. Today he has $2.50 per share of cash and has made investments in the last 18 months of another $4.50 per share. That could be worth zero. But the stock is at 1. You tell me whether one should buy this. He's an operating guy who is to my mind a genius, has an 18-member advisory board that's the Who's Who of the Midwest, and Microsoft as an investor...." Regards, Don

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