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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: bob zagorin who wrote (3731)6/21/2004 12:19:08 PM
From: im a survivor  Read Replies (1) of 4187
 
I wish I saw things as you do. Exactly what kind of an 'operational' company do you envision? All I see is them owning stakes and helping fund other companies.

Many of these companies are doing very well, yet the street wont touch ICGE? Why is that.......How will ICGE shareholders ever see value with a rise in icge share price? What will cause ICGE share price to rise? I only ask, because what I see is a company that really has no biz model except to try and make money on other companies.....Knowing their history, what is going to stop ICGE from simply slowly selling off their assets as they have been doing in the past? I know they shed many of their bad compnaies and are concentrating on the good ones, but what is stopping them from simply not giving a hoot as to ICGE and simply make their millions and then go bye bye, leaving ICGE as a piece of dead meat?? Very serious question......I have spoken to some friends on 'the street' and they laugh at the mere mention of ICGE. Some have said only gambling money will find it's way to ICGE stock, as astute investors know to stay away. 2 buddies basically told me as I stated above...no inside info, just their opinion, which they say is pretty much the same with most of the big boys...ICGE is nothing more then a bag holding company whose officers will get rich and whose shareholders will get left holding an empty bag...again, these are just opinions, but I wish somebody could give me a good reason as to how and why they think ICGE will be sucessful and exactly what will cause them to be sucessful and hence a higher valuation/shareprice, versus the alternative which is them just being private investors, that make their money and eventually run, doing nothing for shareholders.....BBBB could shoot to the moon, and icge wont budge...we dont gain anything...but the insiders at ICGE make a ton.......where exactly is our value/gains coming from? I dont have enough shares to worry about and they are pretty much free...but money is money and I certainly would rather see icge go to $20 instead of .20---I just dont see what they are doing and am not too thrilled listening to some of the opinions on ICGE coming from some pretty sharp people....
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