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Strategies & Market Trends : Gorilla Game Investing in the eWorld -- Ignore unavailable to you. Want to Upgrade?

To: tekboy who wrote (542)	11/3/1999 9:26:00 PM
From: Seeker of Truth	Read Replies (2) \| Respond to of 1817

We can't at all justify ICGE's price the way we can the price of CTXS or CTSH or CSCO, just to stay in the C's. However there is, evidently, a buyer's panic; everybody wants to get into the internet at least to wet their toes. Everybody knows B2B is the way to go. But individual stocks look risky. Also you might make ten to 1 in two years if you buy the stock when it first comes out but the incubators make 100 to 1 or 10,000 to 1 on their money. All they have to do is recognize a smart business plan. So the incubator of B2B is the best thing to get. But how many of them are there? Perkins, Caulfield etc. aren't public. And SFE has a long long track record. Its offspring ICGE derives considerable prestige from that. So qualitatively ICGE looks to some like the only thing to get into. My personal preference is for Softbank, which has much more present substance, but qualitatively I can see the case for ICGE, and I'm holding a little. I'm hoping to participate in their IPO's as one does from the parent company, SFE. Finally, SFE made 31% annually in the last decade, without the internet; maybe icge will make 45% annually in the decade to 2009. That would justify today's price.