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Technology Stocks : Internet Capital Group Inc. (ICGE) -- Ignore unavailable to you. Want to Upgrade?

To: still learning who wrote (55)	7/27/1999 3:23:00 PM
From: Tom D	Read Replies (1) \| Respond to of 4187

I am trying to resolve a confusing question...Please bear with me. Page 54 of the SEC filing says ICGE owns 3% of USIT. I am still working on the thesis I read and put in my post #43: << ICG thus plans to invest 50 percent of its fund into three "core" companies, >> Sorry to exasperate you with my clumsy efforts. Do you know what the three "core" companies are? Clearly VERT is one of them. I submit that a 3% stake in USIT is irrelevant. At least not a "core" holding. ICGE owns large percentages of some companies which I think will be too small to qualify as "core" holdings. For example, 50% of PointMent. PointMent will not be a large company, IMHO, due to competition from HLTh and CARI. What are the candidates for the other two "core" holdings? 85% of iParts is a possibility, (I guess) because the industry, electronic compenents is large. Maybe the 42% stake in CommerX? How big is the plastics industry? The 43% stake in Internet Commerce Systems looks big, as wholesale and retail food distributors is huge. I think I read somewhere that the Grocery industry was something like $700B in the US. Syncra Software, Breakaway Solutions and United Messaging are also possibilities, I suppose. Does anybody know the anwer to this question. My attempts at deriving the answer on my own are feeble. Thanks, Tom