Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Devin123 who wrote (21860)	5/10/2001 3:40:18 AM
From: ColtonGang	Read Replies (1) \| Respond to of 37746

Holding company Internet Capital Group rose after the company announced its results. Although ICG's pro forma net loss increased to $185 million from $35 million a year earlier, its strong financial position appealed to investors. The company has $264 million in cash, short-term investments and for-sale securities, and the market value of its publicly owned partner companies is about $320 million. Its 15 developed partner companies generated $61 million in first-quarter revenues. Shares rocketed 25 cents, or 8.01 percent, to $3.37 in after-hours trading