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


To: bob zagorin who wrote (2484)11/14/2001 4:11:06 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 4187
 
>>the quote about thew cos. making progress referred to the core cos. they identified over a year ago. i think you also know that...<<

here's the quote...

"All of our companies are making progress toward profitability, even in tough economic times," ICG president and CEO Walter Buckley said.<<

"all" doens't mean all anymore? is "all" the latest clintonism for the manipulati? i think you are giving this clown too much benefit and twisting his clear words into something that actually makes sense b/c his clear words sure don't.

>>the losses were non-cash charges writing down the value of companies purchased with ICGE stock when the stock was much much higher. you know better than to try and skew the facts like that.<<

ok, the *best* firms in icge lost $55 mil EXCLUDING charges. in a single quarter. that is about $200 million per year. and those are the *best* companies. ;-)

so, they have $250 million, they are losing over $50 mil aper q EXCLUDING CHARGES and they will buy back "up to $350 million in stock?"

that is pure nonsense and used for no other purposes than to manipulate naive investors.