Internet Capital Group Inc. (ICGE) Message Board

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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: bob zagorin who wrote (4098)	2/16/2006 3:18:13 PM
From: livarot	Read Replies (1) of 4187

Hmmm, I guess this isn't the Q that cures the bubble hangover. Nevertheless, it looks good to me. Boiling ICGE down to one number, I would pick tangible book value (M$): 12/04 115 3/05 110 6/05 109 9/05 206 12/05 232 Doubled in one year! I have never seen that before. We now have $6.25/share in tangible book value. Apparently no one believes they can keep that growth going, or we should be trading at a premium relative to a typical 3xbook. I believe we have a $20 stock with the mother of all hangovers. Agreed, it was a bad binge, but we deserve a little more respect. Opinions?

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