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


To: Lizzie Tudor who wrote (878)12/17/1999 10:12:00 PM
From: Douglas W. DeVries  Read Replies (1) | Respond to of 4187
 
Lizzie:

Do you own or have you considered owning SFE? There is almost no float in this stock and they have many more companies to bring public with an emphasis on E commerce.
SFE owns 14% of ICGE which is worth over $4 billion. The entire market cap of SFE is under $5 billion. You get the rest of their investment portfolio at a pretty cheap price.
I don't think it will take much to juice this stock 100% or more in a very short time. SFE shareholders also have the opportunity to participate in every SFE IPO at the IPO price if at least 100 shares are owned. Every 100 shares of SFE owned this spring made it possible to purchase 20 shares of ICGE at the IPO price. It's clear to me that SFE is a lower risk option for those wanting to get into an ICGE play but are concerned about its lofty valuation.

Doug