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


To: bob zagorin who wrote (3733)6/21/2004 3:29:25 PM
From: bob zagorin  Read Replies (1) | Respond to of 4187
 
btw, since ICGE's stake in BBBB is now worth $60m, with 38m shares out that adds more than $1.50 / share to ICGE's book value. i'm not worried, "the street" will figure this out if the good news continues and begins to show up on the operating reports as well as the balance sheet....



To: bob zagorin who wrote (3733)6/21/2004 3:29:45 PM
From: im a survivor  Respond to of 4187
 
Again, so it all looks great on paper.....heck, those $6/$7 warrants are already a double for them.....but again, what is ICGE other then a private investor for certain companies...they own stakes and help fund certain companies. BBBB is perfect example.....looks awesome for icge...gonna make those books look alot nicer also hopefully.....but, for us retail investors the ONLY way we do well if ICGE the STOCK goes UP. ICGE's portfolio could grow rather nicely, but that only helps the insiders at ICGE, unless they can somehow convince the street that they are a viable company that will show nice gains to investors......and again, I ask how is ICGE going to do that? They have retired debt, done a rs to lose all those shares, did well with BBBB....but what are they doing for us, the retail investor?

I'm not interested in buying ocean houses for the insiders of companies. I want to see what the company can do for me, if it wants to use my money.......I still just dont get what ICGE is trying to turn itself into and how it is going to benefit shareholders......