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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: bob zagorin who wrote (4111)3/9/2006 8:17:24 AM
From: livarot  Read Replies (2) of 4187
 
Bob, I thought the webcast was very encouraging.

The three CEO's all had their acts together. Good presentations on their growing businesses, and they handled questions well (although questions were inaudible!)

Two said they like Sarbanes-Oxley! It's a money-maker for us!

Buckly put the book value of ICGE at 412M$. I think that is reasonable. A solid $11/share.

Old Rodney Dangerfield passed away, so now it is ICGE that gets no respect. They won't even value us at 1x book.

GOOG is valued at 11x book, so maybe we will go to $121/share. OK, I'll settle for the $20-$30 range, but not $9.

Any opinions?
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