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To: edamo who wrote (32795)	3/8/2001 3:05:44 PM
From: im a survivor	Respond to of 65232

<<"how do they make any money?????" >> Well, they have a whole stable of companies doing rather well.........as I said, many of these are getting close to profitability....and IF the ipo market comes back, that will be icing on the cake..... No need to debate icge as we did insp.....I know your views on companies that don't currently make a dollar, but I also know that not all companies start out profitable...many lose, before they show a profit. I like the stable of companies icge has and the allinaces they have formed. Many of these companies are moving swiftly to being profitable, regardless of whether they go public or not. I think they will be a survivor and thefor I am a sharholder at this price. Again, my opinion, which aint always right... keith

To: edamo who wrote (32795)	3/8/2001 7:57:31 PM
From: FR1	Read Replies (1) \| Respond to of 65232

edamo - wouldn't the money be made with a successful IPO? ICGE would certainly own a lot of shares which would go up in value tremendously with even one successful IPO. Here is what I heard: In early 2000, ICGE realized the IPO game was over for a considerable stretch because the FED had killed the market. So ICGE pulled their upcoming IPO offerings off the market and spent the summer buying distressed companies that could not afford to go public (mostly b2b). They then consolidated them. Naturally, ICGE was severely downgraded because nothing was going public and they were "burning cash". ICGE eventually stopped buying. The argument against ICGE is that, although moving in the right direction, almost all of the businesses are still losing money. The market has not yet come back enough for IPOs to be successful. If the market takes another year to get speculative (ie NASDAQ 3000+), ICGE would be in a tough position. The argument in favor of ICGE is that just one successful IPO would increase their value tremendously and hence really make their stock jump quickly. Since investors always look ahead, once they see that the market seems to be heading higher stocks like ICGE that have the potential for very rapid growth in earnings will jump quickly and those not in the stock already will miss the greatest appreciation. I am sure you know more about ICGE than I do and I would like to hear your opinion. What do you think of ICGE? And what do you think of the share value in the short and long term? - I enjoy your posts and thank you for taking the time to write.