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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: SecularBull who wrote (35362)	4/5/2001 5:00:59 PM
From: im a survivor	Read Replies (1) of 65232

ICGE Turns down offer for more credit. One reason why ICGE was able to pass on the additional credit was the fact that they completely hedged their ARBA stock. Here's the response i got today from their IR Kathy Jacoby: "At 3/31, ICG owned approximately 733,000 shares of ARIBA. This position was fully hedged at an approximate value of $116 per share. At 3/31, our stake was worth approximately $85.0 million." ______________ And every day, I see new releases concerning their partner companies and new contracts.........oh yea, how many ITWO shares did they just get? <ggg>

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