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

To: Tom D who wrote (56)	7/27/1999 3:33:00 PM
From: still learning	Respond to of 4187

Don't worry, it was meant as a minor rebuke <g>. Sorry, I'm no clearer on what would constitute the core holdings than you are. I think they want to comply with restrictions on being an investment fund, and that may have something to do with licking three core holdings . Perhaps others can shed light on that. See SEC filings for details. The value of ICGE will be in having significant intersts (however that compares to "core") in many companies -- the bigger the portfolio the better. They will need large enough intersts to offer spin-offs/DSSPs as SFE has done, so +25% would be a good measure. Over 50% and htey record the holdings' earnings/revenues as their own (adjusted for ownership interest, of course). And I think that may also be a part of wanting 3-core.