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

To: Larry Zenith who wrote (1396)	3/8/2000 8:06:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 4187

Alert:Internet Capital Group Says to Buy Majority of Rightworks Alert: Internet Capital Says to Pay $22 Mln Cash, $635 Mln Common Stock biz.yahoo.com biz.yahoo.com

To: Larry Zenith who wrote (1396)	3/8/2000 12:17:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 4187

Blodget on Internet Capital's Rightworks Buy: Analyst Comment 3/8/00 8:31:00 AM Source: Bloomberg News New York, March 8 (Bloomberg) -- Comment from Henry Blodget, Internet analyst at Merrill Lynch & Co. after Internet Capital Group, an electronic commerce investment company, agreed to buy 53 percent of closely held RightWorks for $657 million to expand its share of business-to-business marketplaces. 'This looks like a good technology,' said Blodget. 'In almost every software market there are usually three or four players, and over time the world begins to standardize around one player,' which could be ICG. 'In e-commerce there's not just a single buyer, but a supply chain so it's very important that software work with different technologies used in different parts of the supply chain.' 'Internet Capital has been effective in making acquisitions because they are flexible about when to invest in companies. Sometimes it's just after those companies are started. Sometimes, it's when they are worth more than $1 billion.'