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

To: Skeeter Bug who wrote (2493)	11/14/2001 4:46:47 PM
From: Gopher Broke	Read Replies (1) \| Respond to of 4187

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?" Look, a company like ICGE is all about assets, not cash. The cash burn rate was only relevant while the IPO market was dried up and they could not realize assets to keep themselves going. The IPO market is turning around now. Won't be long before ICGE can easily raise the 350 million by floating a couple of companies that are ready for the big time.