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

To: jim who wrote (999)	1/7/2000 10:54:00 PM
From: puborectalis	Respond to of 4187

The management of ICGE is very well respected by the big money boys.....don't think GM or GE or T would invest in them otherwise........As for Barron's,any news source who has Alan Abelson for their spokesperson is out of dates and out of touch with the new reality on wall Street.

To: jim who wrote (999)	1/7/2000 11:02:00 PM
From: Tom Hua	Read Replies (3) \| Respond to of 4187

ICGE should trade at about 80% of the value not 1600%. Jim, ICGE is very much like a closed end fund and if it is, the stock should trade at a discount from NAV. Just look at SFE, a very well respected company by WS. In fact SFE owns 14% of ICGE, plus 40 other b2b companies. SFE's holdings in ICGE alone is worth its entire market cap. Why? because closed end funds trade at a discount from NAV. CMGI, on the other hand, operates differently. They're actively involved in the operation of the companies they own. I shorted ICGE on Monday (192), and added today (174). I'll add again next week. Regards, Tom