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


To: visiondf who wrote (750)11/7/1999 11:12:00 AM
From: SPSEIFERT  Respond to of 4187
 
Look at SFE which holds 14% of ICGE as well as a host of other established internet and other hi tech Cos. and a whole portfolio of other young Cos. that will become IPOs. Look at two recent examples. USIT issued in Aug at 10 and now at +-30 and ICGE issued in Aug at 12 and now over 100. Holders of SFE participated in both. The latest was PACW issued on Nov 4 at 10 and now 18. Its like owning an IPO machine which is priced at the NAV of its public Cos. so you get the private startups for nothing. It has been around longer than CMGI but is less well understood by the market. Good Luck. I own 500 SFE.



To: visiondf who wrote (750)11/7/1999 11:15:00 AM
From: SPSEIFERT  Respond to of 4187
 
I was mistaken on the current price of USIT it closed Fri at over 33.



To: visiondf who wrote (750)11/7/1999 1:32:00 PM
From: Patsy Collins  Read Replies (1) | Respond to of 4187
 
SFE is the only other I know of, it is the one sporting a PE of 41, which means it's legitimately been held by many a mutual funds out there. It also means that traders like myself will probably not actively play with this stock. Stick with ICGE & INTM for active trading accounts. But use SFE for longer term investing. Once ICGE's earnings become consistent, and catches up with the price, I would hold ICGE longterm as well.

Patsy