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Technology Stocks : Safeguard Scientifics SFE

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To: wellab1 who wrote (2651)	4/19/1999 12:42:00 AM
From: wellab1	of 4467

Internet Capital Group (ICG) press digest I want to apologize if this will appear 2 times.I though I posted it few hrs ago but it is not there.This is next attempt. I would like to encourage you to contribute to this attempt to collect as much info.as possible from archives of newspapers for mutual benefit.As a rule (there could be exeptionns)I will not go back more than 1998.See also SFE press digest. ICG web page: internetcapital.com A. PHILADELPHIA BUSINESS JOURNAL: 1.98/12/14 . How ICG was created.Article from before Vetical Net's IPO amcity.com\|Capital\|Group 2.97/04/14. Old but interesting 2 points: ---exactly 2 years ago they declared the end of Internet mania and crash landing. ---- catch 22 .ICG was interested in bubble bursting so they can snap new cos. on the cheap.Now however they themselfs became hot Internet issue and I guess they wouldn't mind the bubble to grow. amcity.com\|Capital\|Group 3. 97 /09/29 Profile of W.Buckley III- president and CEO of ICG amcity.com\|Capital\|Group 4.Profile of US Interactive - digital marketing-an ICG investment amcity.com\|Capital\|Group 4.a. 98/08/17 US Interactive -an ICG company doubled in size will post double earnings next year amcity.com\|Capital\|Group 5. 99/03/15 ICG ,TL Ventures, Excite,Comcast +others invest in Priva Seek a software company developing "Persona" software enabling surfers to manage those lovely cookies. amcity.com\|Capital\|Group 6. 99/02/09 Just annoucement.Vertical Net - (ICG has 50% stake in VERT)pricing its IPO today at $12-14 . amcity.com\|Capital\|Group ........and look 2 months forward .VERT close on Apr.16 was $111 (latest downturn) after high of $ 143.37.This = 1000% IN 2 MONTHS from initial pricing and about 400% from low of $ 34.75. Can we expect such an appreciation from ICG ipo? And corresponding growth in SFE (26% ownership in ICG) ? Well,you decide. I would't mind to get 1 ICG right for every 5-10 shares of SFE I own.Alternatively ,subscription for even $25 for ICG share sounds still as very good deal. quicken.com Another reference point is MSGI-an odd telemarketing co.It went up 1000% (high) /2 months after CMGI took 15 % stake in them through acquisition of CMGI Direct and CMGD CEO was appionted their president. quicken.com 7. 98/09/21 Example of the obscene returns ICG is amassing so far. ICG made from its 1.5 mln $$ investment in Match Logic 30 mln $$ in 9 months till Sep.98 (sold Match Logic to Excite).This 30 mln.in Excite shares appreciated another 500% + from Sept.98 till Apr99.(if they didn''t sell them).Excite went from around $ 35 in Sep.98 to $ 187 high and $ 139 close Apr.16 99.THAT'S 100 X = 10,000% (1.5 mln to 150 mln)in 15 months = 666% average/month = 22% each day for 450 days. WOW! I dubble checked my calculations .On their web page they value this deal at $ 150mln.as of Apr.01. Would be interesting to know what was their return on VERT and Wise Wire.Any idea? amcity.com\|Capital\|Group quicken.com Another SFE affiliate TL-Ventures made identical returns.Looks like it is worth to stick with those guys.I will love them even if they will get miserable 1000% /year from subsequent deals.Can't wait to grab few shares. Wellab

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