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

To: Patsy Collins who wrote (769)	11/12/1999 8:17:00 AM
From: McNabb Brothers	Read Replies (2) \| Respond to of 4187

Patsy, What do you mean by this statement? >Watch out below, or more likely watch out QCOM!< Hank

To: Patsy Collins who wrote (769)	11/12/1999 9:16:00 AM
From: Susan G	Respond to of 4187

From the BBRS Web Report out today internetstocks.com eBusiness Update - Eric Upin - eric@rsco.com FROM THE B2B PLAYBOOK: INVESTOR APPETITE ACCLERATING - FUELING BIG GAINS The B2B eCommerce group now totals $50 billion in market cap - as investors increasingly focus on B2B names. The space is up from $1 billion on January 1 and $21 billion on September 1. This week alone, $9 billion in market cap was created. Several stocks continued to demonstrate strong momentum, delivering significant returns again this week. PurchasePro.com (PPRO), VerticalNet (VERT), Chemdex (CMDX), Getty Images (GETY), Commerce One (CMRC), and Internet Capital Group (ICGE) were up 66%, 56%, 52%, 49%, 25%, and 18%, respectively. The B2B group as a whole outperformed the indices, gaining 29% for the week. As we have been saying for the past several weeks, we are very bullish on the B2B space - as we believe it will be one of the most compelling investment opportunities. In our opinion, investors are flocking to these stocks because they are beginning to recognize B2B's potential to be the next major growth area of the Internet. We believe the B2B space represents new markets, new models, new players, and the creation of very large, durable franchises. Last week we delivered a presentation on the B2B space to members of the venture capital community. To download this presentation, which includes a general overview and our thoughts on the space, please go to the Special Events section of internetstocks.com. ICG IS OUR #1 PICK AND FAVORITE NAME IN THE B2B SPACE, EVEN AT THESE LEVELS: We regard ICG as a franchise B2B eCommerce player and a call option on the entire space. The company has acquired some of the best properties on the Monopoly board, in our view, with a portfolio of more than 40 companies targeting B2B exchanges and eCommerce infrastructure. The company reported Q3:99 results on Thursday, November 11. Highlights of the quarter included the addition of four partner companies, bringing the total to 39 at the end of the quarter; $29 million in acquisitions and financings; a growing number of market makers in the portfolio, representing 22 of ICG's 39 partner companies; several significant additions to the management team, include Sam Jadallah, former vice president of worldwide enterprise sales at Microsoft and Todd Hewlin, a former partner and co-head of McKinsey Consulting's eCommerce practice; and the opening of an office in London, marking the official launch of a European initiative.