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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Jim B who wrote (97625)	4/17/2000 10:35:00 AM
From: John F.	Read Replies (1) \| Respond to of 108040

Looks like, for the moment, the Naz does not want to fall ...

To: Jim B who wrote (97625)	4/17/2000 10:42:00 AM
From: puborectalis	Respond to of 108040

ICGE still investing........Internet Capital Group Acquires Stake in Tibersoft Corporation, Inc. Leading provider of e-commerce solutions for the foodservice industry is most recent addition to Internet Capital Group's partner company network WAYNE, Pa.--(BUSINESS WIRE)--April 17, 2000-- Internet Capital Group (NASDAQ: ICGE - news), a leading business-to-business (B2B) e-commerce company, today announced that it has acquired a $6.5 million stake in Tibersoft Corporation, Inc., a leader in the development of business-to-business e-commerce solutions for the foodservice industry. Since its inception in 1996, Tibersoft has been a forerunner in the estimated $400 billion per year domestic foodservice industry with integrated, high-velocity supply chain solutions, optimized for foodservice distribution. Sysco, one of the largest distributors of food products in North America, with annual revenues of $17 billion, recently adopted the Tibersoft solution. ``Tibersoft has entered a new growth phase,' said Christopher Martin, President and CEO of Tibersoft. ``We believe this support from ICG represents an important milestone which we expect to help us to secure our position at the forefront of companies implementing Internet-based e-commerce solutions in the foodservice industry.' Tibersoft has established an extranet application suite, TiberNet(TM), which integrates seamlessly with multiple back-office systems, using the power of the Internet to connect distributors and foodservice operators in real-time. ``Internet Capital Group (ICG) has recognized Tibersoft as an early visionary and provider of e-commerce solutions to the highly fragmented foodservice distribution market,' said Chris Greendale, Managing Director at ICG. ``As a market maker within ICG's e-commerce network, Tibersoft can sharpen its competitive edge by accessing ICG's B2B e-commerce expertise in areas such as marketing, technology and management recruiting. We believe Tibersoft will also complement other companies in the collaborative ICG partnership network.'

To: Jim B who wrote (97625)	4/17/2000 10:43:00 AM
From: stan s.	Read Replies (1) \| Respond to of 108040

Caution's paramount Jim but I have not seen volume buying like this in quite awhile. Over 650 million in a little over an hour. That's not just covering and daytraders. Somebody thinks there are some bargains around. I'm not trying to be overly optimistic, part of me is waiting for the tank....but I love volume on the buy side.