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Technology Stocks : thcg -- Ignore unavailable to you. Want to Upgrade?

To: Alan Boyd who wrote (83)	11/10/1999 12:42:00 PM
From: Rollcast...	Read Replies (1) \| Respond to of 336

Here's some DD from Raging bull on THCG... THCG - nasdaq nms - looks as if the old company was being reviewed for delistment but with the merger, financing, and price movement that should no longer be an issue. around 11 million shares out, 3 mill float Company just raised $6.865 million on 11/4 - the primary investor was GSC Partners. GSC is backed by CitiGroup and has very deep pockets (over $2 billion under management). THCG can get another $13-14 million from them thru warrant exercises at 5 7/16 and 7 1/4. Here's what really caught my eye... THCG has equity interests in a client portfolio of Internet-related companies including ETRAVNET.COM, Inc. (OTC BB: ETRV, www.etravnet.com), iBeauty.com (www.ibeauty.com), Interleaf, Inc. (Nasdaq: LEAF - news, www.interleaf.com - news), LogNet Systems Inc. (www.lognet.co.il) and TechOnLine, Inc. (www.techonline.com). As a result of the merger, THCG also has equity interests in over 10 additional Internet-related companies, including eSynch Corporation (www.esynch.com), RT Image Inc. (www.rtimage.com), SoftWatch Ltd. (www.softwatch.com), SunShine Media Corporation (www.bikini.com), and webMethods, Inc. (www.webmethods.com). cont'd... THCG's portfolio of internet companies includes several already public and several private. The 2 privates which have HUGE IPO potential are iBeauty.com and webMethods. iBeauty.com is the division of Allou (ALU) handling on-line sales of fragrances and cosmetics. ALU was considering a public spinoff earlier this year but elected to sell off a piece privately instead. However, they recently hired Gruntal as investment bank so chances are improving for a possible IPO somewhere down the road. webMethods has major IPO potential. From 7/26 press release... webMethods, Inc., the leading provider of XML-based solutions for business-to-business (B2B) integration, today announced the completion of a $12 million round of venture capital financing. This third round of financing was led by Goldman Sachs and included existing investors Mayfield Fund and FBR Technology Venture Partners L.P. To date, the company has raised more than $22 million in venture capital financing. These additional funds will be used for continued expansion of product development, sales and marketing efforts for webMethods B2B?, the company?s flagship B2B integration solution. I highly recommend checking out their web site - look at their clients... webmethods.com THCG's web site is at... thcg.com