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

To: SgtPepper who wrote (411)	9/2/1999 10:56:00 AM
From: Madharry	Respond to of 4187

With a company like this flexible thinking is in order. If you read the merill lynch anyalysis you cannot fixate on a number and say this where this company's value should be. It is a must own stock and I don't think anyone can predict what the price will be in 10 years and then apply a dicount model to it and come up with a current appropriate market price. The margins for error are simply too great. Also I recently read a facinating piece in the wall street journal which indicated that for the average fund( I think) the after tax return after 5 years was 39% less than the before tax return and that was why many investors were setting up their own funds out of stocks with buy and hold strategies. So the extrpolation of that is that unless the stock is at least 40% overvalued. if you think it has significant long term growth probabilities, it does not make any sense to sell, unless you are in a tax-advantaged situation or portfolio.

To: SgtPepper who wrote (411)	9/7/1999 11:20:00 AM
From: BEEF JERKEY	Respond to of 4187

Greetings All! Anyone got a target on when this stock is gonna find solid support? Seems to be alot of selling into strength right now. Still very nervous about this co.'s market cap. which right now is ~ 11 billion $. Seems awfully high for a co with 21 employees. $275:1 price to sales. This is way higher than Ebay at its peak! Does anyone know if the recent positive comments were made by the same co. that underwrote the IPO? If so I'm glad I sold because I've been burned by that before. It may take a week or two but I think I'll wait for at least the 60's to buy back in!