I noticed ITWO was up about $4 or so today....how many million shares did ICGE get for giving them Rightworks!!??!!......Yep, just give the markets time to stabalize..could be next month, could be 5 years....but I think there will be some unhappy campers that looked at icge for $3 or less and said "nope, no earnings, I aint buying it"......my personal opinion is people will wish they had piled it on the back of their truck under $5....but thats my opinion only.....But I do feel if the market dicates that we look at the future and base our decisions on what we feel will happen, not what has happened, then I feel very good about buying icge at these levels......if.....when...nazzy comes back, icge will also....and IF IPO's ever get hot again, they will take off bigtime...if IPO's do not come back, ICGE has built a solid stable of companies that are moving towards profitability on their own......anyway, I was just thinking that awhile back somebody had mentioned that icge was kind of like the GE of the new millenium.......in a way, they are.....lots of good solid core businesses, each growing nicely......alliances with many large names.....a nice little stock portfolio that should be greatly enhanced if naz ever comes back...for instance, how many millions, just today, just from itwo moving up $4 make icge?? Considering itwo is back around the price they got it at, they are back to even on their itwo shares, but bottom line is how many millions did their cash position increase on that one position alone today...and IF, the market comes back...what if itwo goes to $50, or $75.....what about all the other stocks, companies that icge owns....seem's like she is selling cheap, if you believe in her future...if not, it's a waste of money....but, I will say this.......if the market continues this downtrend....does it matter if you own icge or intc.....? Not if their both gonna be $5......Now I know Ed will jump on me for saying intel and icge in the same statement...in fact, It is not fair...one is a behemoth and one is a wannabee....but, INTC already makes lots of money and their growth is slowing....icge is just getting cranked up...lots of upside potential......again, I am not comparing icge with intc, that would be ludicrous, but I do like the future potential of icge should the markets rebound eventually.....JMO
Keith |
