Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)
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einer Chance.
Wer alles dabei sein will, wenn Milch und Honig fließen, sollte sich mit dem Kaufen sputen. Meint Ihr wirklich, dass ein BIG SHORT auch nur den Hauch einer Chance hat, da er zusätzlich auch noch gegen extrem gute Fundamentals kämpfen muss?
Take a look, who is against you. I believe, my advice is very well: “Go panic first, before BIG SHORT must or will cover.”
Owner Name Select a name below for more information. Date Shares Held Change(Shares) % Change(Shares) Value($1000)
GENDELL JEFFREY L 3/31/2007 3,262,780 0 0.00% $37,228
DIMENSIONAL FUND ADV... 3/31/2007 3,250,151 137,447 4.42% $37,084
CAPITAL RESEARCH & M... 12/31/2006 3,075,000 275,000 9.82% $35,086
BARCLAYS GLOBAL INVE... 12/31/2006 1,634,229 167,653 11.43% $18,647
SCHNEIDER CAPITAL MA... 3/31/2007 1,555,417 (134,050) (7.93%) $17,747
EMERALD ADVISERS INC... 3/31/2007 1,221,576 155,185 14.55% $13,938
COLUMBIA PARTNERS L ... 12/31/2006 1,026,385 (13,143) (1.26%) $11,711
MELLON FINANCIAL COR... 12/31/2006 971,192 (1,465,389) (60.14%) $11,081
ARIENCE CAPITAL MANA... 12/31/2006 960,556 (173,761) (15.32%) $10,960
EAGLE ASSET MANAGEME... 3/31/2007 758,375 10,455 1.40% $8,653
TCW GROUP INC 3/31/2007 742,984 96,008 14.84% $8,477
PEQUOT CAPITAL MANAG... 12/31/2006 740,000 269,000 57.11% $8,443
FMR CORP 12/31/2006 726,116 726,116 New $8,285
Text zur Anzeige gekürzt. Gesamtes Posting anzeigen...
TUDOR INVESTMENT COR... 12/31/2006 596,388 0 0.00% $6,805
STATE STREET CORP 12/31/2006 580,293 (25,500) (4.21%) $6,621
VANGUARD GROUP INC 3/31/2007 553,519 50,517 10.04% $6,316
PLATINUM INVESTMENT ... 12/31/2006 450,000 - - $5,135
MASON CAPITAL MANAGE... 12/31/2006 422,742 422,742 New $4,823
DEUTSCHE BANK AG\ 12/31/2006 392,539 11,785 3.10% $4,479
ENGEMANN ASSET MANAG... 12/31/2006 390,080 84,493 27.65% $4,451
MORGAN STANLEY 12/31/2006 312,565 (118,972) (27.57%) $3,566
NORTHERN TRUST CORP 12/31/2006 311,725 28,798 10.18% $3,557
RENAISSANCE TECHNOLO... 12/31/2006 282,800 84,200 42.40% $3,227
HOCKY MANAGEMENT CO ... 3/31/2007 282,600 0 0.00% $3,224
BRUCE & CO., INC. 12/31/2006 273,300 (5,000) (1.80%) $3,118
TIAA CREF INVESTMENT... 3/31/2007 266,377 8,206 3.18% $3,039
FIRST NEW YORK SECUR... 12/31/2006 253,371 253,371 New $2,891
LASRY MARC 12/31/2006 250,000 250,000 New $2,853
EMERALD MUTUAL FUND ... 3/31/2007 246,792 19,000 8.34% $2,816
POTOMAC CAPITAL MANA... 12/31/2006 218,944 (15,000) (6.41%) $2,498
AMVESCAP PLC/LONDON/ 12/31/2006 155,749 155,749 New $1,777
GAGNON SECURITIES LL... 3/31/2007 151,378 0 0.00% $1,727
CREDIT SUISSE 12/31/2006 147,478 (364) (0.25%) $1,683
VIRGINIA RETIREMENT ... 3/31/2007 94,500 0 0.00% $1,078
STRS OHIO 3/31/2007 92,300 (21,300) (18.75%) $1,053
NORTHERN TRUST CO OF... 12/31/2006 87,875 25 0.03% $1,003
BLACKROCK INVESTMENT... 3/31/2007 82,684 18 0.02% $943
CONESTOGA CAPITAL AD... 3/31/2007 79,400 (1,300) (1.61%) $906
COMMONWEALTH OF PENN... 12/31/2006 77,500 (85,700) (52.51%) $884
STATE BOARD OF ADMIN... 3/31/2007 75,100 0 0.00% $857
GOLDMAN SACHS GROUP ... 3/31/2007 71,385 25,329 55.00% $815
GEODE CAPITAL MANAGE... 3/31/2007 68,951 (297) (0.43%) $787
PRUDENTIAL FINANCIAL... 3/31/2007 61,800 0 0.00% $705
MERRILL LYNCH & CO I... 12/31/2006 61,484 49,997 435.25% $702
AXA 12/31/2006 59,900 0 0.00% $683
Re: Monetization or "capturing value" (Not rated) 13-May-07 06:59 am Or first monetarisation could be Metastorm. Metastorm is greatest Pure BPM-Play worldwide.
Read the following about a competitor. And at the end of article you can read a sentence about Metastorm, too. I am sure, this monetarisation will not be an ipo, it will be an acquisition through a bigger company, for example cognos or business objects. I believe the price for Metastorm, who will have revenues about 50 million or more in 2007, will be between 200 million and a quarter billon. Internet Capital owns 41% of Metastorm. And I am sure, that Internet Capital want to sold Metastorm, because this is only a software company, not special on-demand, the sector, who Internet Capital want to invest.
Labels: Business Intelligence, Business Process Management, Technology Mergers and Acquisitions
TIBCO Acquires Spotfire for $195mm
Yesterday, TIBCO Software announced the acquisition of Spotfire Inc., a provider of business intelligence applications headquartered in Somerville, MA. The transaction was valued at about $195 million. According to OneSource, the company has annual sales of approximately $36 million, valuing the transaction at approximately 5.4x revenue.
We had expected to see more acquisitions between the BI and BPM world, all be it from the other direction, given the relative size of the of the pure-play BPMs to their BI counterparts. This recent TIBCO transaction, as well as Oracle's acquisition of Hyperion, however, has seen the purchase of smaller BI vendors by larger multi-application companies with strong interest in BPM. TIBCO, although stronger in pure integration and SOA applications, had acquired pure-play BPM Staffware plc in April 2004 for $215 million (2.4x and 21.0x revenue and EBITDA). The question is whether the remaining large independent BI vendors such as Cognos and Business Objects will begin to feel competitive pressure from these transactions and look to acquire one of the smaller pure-play BPMs - such as Metastorm, Ultimus, or Savvion.
Sentiment : Strong Buy
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Re: Monetization or "capturing value" (Not rated) 13-May-07 02:04 pm Take a look on the excellent numbers of Metastorm:
Metastorm Growth Streak Continues in 2007
Global BPM Software Leader Reports another Record Quarter and Steady Increase in Enterprise Deployments
BALTIMORE, MD – May 2, 2007 – Metastorm, a leading provider of Business Process Management (BPM) software for organizational agility, innovation, and governance, today announced financial results for its first quarter ending March 31, 2007. The privately held company posted record revenues and profitability, experienced 30% license growth year-over-year, and reported a continued increase in enterprise deployments of the Metastorm BPM® suite. In addition, existing customers continued to invest in the solution by increasing the number of users, deploying new processes, and implementing additional functional capability to support the full roundtrip process life-cycle. The increased investment by both new and existing customers was driven by a growing interest in BPM technology at the executive level as Metastorm customers validate the software’s ability to not only lower costs and increase control, but also to deliver greater agility and foster increased innovation throughout an organization.
Metastorm continued to witness broad adoption of its BPM software and Process Pod® solutions on a global scale including wins at ADP (France), Cameron McKenna (U.K.), John Deere (Germany), MMA Financial (U.S.), Osborne Clark (U.K.), Rome Airport (Italy), Royal Pharmaceutical Society (U.K.), and Wyeth (U.S.). Existing customers expanding their use of the Metastorm BPM suite included Channel 4 Television (U.K.), Chubb & Sons (U.S), FTN Midwest (U.S.), KPMG (U.S.), SkandiaBanken (Denmark), Staples (U.S.), and the U.S. Navy (U.S.). Strong adoption rates and large enterprise license deals enabled Metastorm to post its 10th consecutive quarter of profitable growth.
Metastorm’s continued revenue performance was recognized by several third party organizations including Smart CEO magazine which presented Metastorm with a Future50 award for its revenue growth, and START-IT magazine which named the Metastorm BPM Suite as a top technology for the manufacturing industry. In addition, Metastorm made KMWorld’s list of the Top 100 Companies that Matter in Knowledge Management for the fourth consecutive year – a validation that BPM technology is not a passing fad but an established enterprise platform with widespread adoption.
“Metastorm exhibited its ability to deliver consistent growth and profitable results throughout 2006, and we capitalized on that momentum in Q1 to deliver another record quarter,” stated Robert Farrell, president and CEO of Metastorm. “Metastorm customers and partners continue to validate our strategic investments in the company and the product. Organizations want to invest in a proven, established company that will be there to support them long-term.
Sentiment : Strong Buy
What does the market-cap of 425 million (Not rated) 15-May-07 02:24 am of yesterday mean?
First you can subtract the 180 million securities and cash of the debt-free company from the 425 million = 245 million. And that means: 245 million for proportional reveneus of 150 million of the private held companies. That is a multiple of about 1.6 - competitors have a multiple of about 6.
Or other: It means that the ownership in the seven companies Marketon, Anthem Venture, Emptoris, Whitefence, Investorforce, Channelintelligence and VCommerce have in the average a worth of 10 million. Real worth of the ownership of each of this companies is in the average between 20 and 25 million.
And it means, after we subtract the 70 million from seven companies before form the 245 million = 175 million, that the ownership in the 5 BIG have only a worth of 35 million in average. But ownership on Metastrom has a worth near 100 million and the ownerships on Starcite, ICGCommerce, Freeborders and Creditex have worth between 100 and 150 million or more for every company. Look for example at Creditex: Deutsche Boerse want to buy an competitor of Creditex, ISE, for 2.8 billlion. ISE has equal revenues like Creditex. Internet Capital owns 15% of creditex.
Last day we saw only shortselling, what was easy to see, when we lookek, how the bids and aks were placed. And the result is, the the record-level of shortselling has growing again and burst of the shortseller-bubble will continue maybe in steps like in the last year.
Sentiment : Strong Buy
Sensationel numbers from a comparison (Not rated) 1 minute ago
First some numbers about Creditex from the last presentation:
Business Description
• Leading position in the credit derivatives market with strong bank recognition
• First to launch E-trading and have gained significant traction in Europe
• T-Zero is being launched to address the processing needs of the derivatives industry
• Top 2 Market share in most of the macro products Top
• Will trade over $2 trillion notional
• CDS market continuing to grow at 50%+ per annum
• NetIncome Positive
• Annualized revenue growth over 50% annually since January 2004
• 2006 Revenues at $135 Million
ICG Interest In Creditex
•15% Ownership Interest
• Doug Alexander holds a board seat
And now some numbers of ICE. The following income statement is from ICE of Yahoo-Board:
Income Statement Get Income Statement for:
View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Dec-06 31-Dec-05 31-Dec-04
Total Revenue 313,799 155,865 108,414
The revenues of the Internet Capital-company Creditex, a competitor to ICE, in 2006 was 135 million. That are 43% of the revenues of ICE of 314 million.
The Valuation of ICE is 10 billion. If Creditex has a equal valuation, the worth is 4.3 billion.
Internet Capital owns 15% of Creditex.
ICGE
Internet Capital Group, Inc. NASDAQ-GM
Institutional Holdings Description | Hide Summary
Company Details
Total Shares Out Standing (millions): 39
Market Capitalization ($ millions): $413
Institutional Ownership: 80.6%
Price (as of 5/15/2007) 10.69
Ownership Analysis # Of Holders Shares
Total Shares Held: 103 31,153,824
New Positions: 19 1,256,145
Increased Positions: 52 6,639,912
Decreased Positions: 33 4,004,348
Holders With Activity: 85 10,644,260
Sold Out Positions: 15 1,333,331
Click on the column header links to resort ascending () or descending ().
Owner Name
Select a name below for more information. Date Shares Held Change
(Shares) % Change
(Shares) Value
($1000)
FMR CORP 3/31/2007 4,470,196 3,744,080 515.63% $47,786
GENDELL JEFFREY L 3/31/2007 3,262,780 0 0.00% $34,879
DIMENSIONAL FUND ADV... 3/31/2007 3,250,151 137,447 4.42% $34,744
CAPITAL RESEARCH & M... 3/31/2007 3,100,000 25,000 0.81% $33,139
SCHNEIDER CAPITAL MA... 3/31/2007 1,555,417
Sentiment : Strong Buy
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Re: Strong increase of institutional ownership (Not rated) 8 minutes ago Greatest owner is now Fidelity, the greatest investor of the world with 4.5 million shares - that near 12% of outstanding 39 million shares. Fideliy has bought 3.7 million shares in last quarter additonal to the 0.8 million shares, they before.
About Fidelity:
About Fidelity
Fidelity was founded with a simple goal: to achieve outstanding investment returns for our clients.
More than fifty years on, this approach has yielded impressive results. Fidelity now has a presence in all major financial centres in the world and a range of funds covering all regions, industrial sectors and asset classes.
With over 450 fund managers and analysts, we believe our research resources are unrivalled within the industry. These investment professionals carry out in-depth analysis to uncover the best opportunities, following our proven bottom-up stockpicking approach.
This level of commitment has led to Fidelity receiving some of the highest industry accolades and awards year after year, recognising our investment performance and research. For our customers this means solid investments based on thorough research, and the security of investing with one of the world's leading investment houses.
Fidelity's Investment Philosophy
Our success is based on our thorough and methodical research of individual companies. We believe that ultimately the most reliable information is the information we gather ourselves.
This is why Fidelity places a particular emphasis on resources. Our global network of portfolio managers and analysts is one of the largest and most respected in the industry, giving Fidelity a leading edge right from the very start of the investment process.
Based on our unique insight, we then pick every single company on its own particular merits to build our portfolios stock by stock. We call this process “bottom-up stockpicking”. As our record shows, it has served our clients well.
Sentiment : Strong Buy
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Re: Strong increase of institutional ownership (Not rated) 1 minute ago The big questition is: Who sold the 3.7 million shares to Fideliy in the last quarter. The other instituional add, too. The shortselling of the official numbers increased, too, but only 800,000 shares in the last quarter. I don't believe that 2.5 million only came from private investors. Most of this 2.5 million are naked shorting.
And that, why I believe, that we have shortselling of about 25% of the outstanding shares, half official numbers and the other half not legal naked shorting - and that all by more than 80% institutionals and additonal about 5% insiders. This is the greatest shortselling-bubble in the history of the Nasday - and all against excellent fundamentals.
The result can only be: A GIGANTIC BUUUUUUUUUURST!!!!!
Sentiment : Strong Buy
PHILADELPHIA, PA, May 15, 2007 – StarCite, Inc., the leading provider of On Demand
Global Meeting Solutions™, today announced that during the first quarter of 2007 it added more
than ten major new customers including Liberty Mutual Group, HealthLogiX and RPMC global
event marketing to its roster, as well as a major Japanese auto manufacturer and one of the
world’s largest breakfast and convenience food makers. StarCite also expanded its relationships
with many existing clients including Cardinal Health, Cox Enterprises, Pfizer and JPMorgan
Chase.
“We are thrilled that companies worldwide are recognizing the positive impact that technology
can have on budgets, time and resources,” said Michael Boult, StarCite president and chief
executive officer. “At the same time, we have entered the year with strong momentum,
exceeding our revenue and EBITDA targets and continuing steady customer migration to our
improved solution platform following our merger with OnVantage.”
In addition, during the first quarter Michael Boult was named to Supply & Demand Chain
Executive’s 2007 “Pros to Know” list. The magazine recognized Boult for raising the profile of
meeting spend management and reinforcing the strategic importance of corporate meeting
management policy.
StarCite also announced several strategic additions to its management team including Keith
Forshew, Chief Operating Officer; Venky Rangachari, Vice President of Information
Technology; Kevin Young, Vice President of Marketing; and Alison Galik, Vice President,
Adoption Management Operations.
As Chief Operating Officer, Keith Forshew will manage StarCite’s business strategy
development and have responsibility for day-to-day company activities. Joining StarCite from
Click Commerce, Baseline Magazine’s 2006 Number One Fastest Growing Software Company,
Mr. Forshew will share his experience leading strategy and operations initiatives across diverse
industries. With Click Commerce, Mr. Forshew developed the company’s successful 2006-2007
strategy through acquisitions, global penetration, market segmentation and new product
development.
In his role as Vice President of Information Technology, Venky Rangachari is responsible for the
strategy and direction of StarCite’s IT application infrastructure and security. He brings more
than 17 years of experience leading information technology and operations divisions for large
organizations and on-demand companies including Stratify, Digiprise and Jacent Technologies.
Bringing more than 15 years of marketing and communications expertise to StarCite, Kevin
Young will be instrumental to the company’s growth and expansion plans. Prior to joining
StarCite, Mr. Young was Vice President, Marketing, for SAP North America. Under his
leadership, SAP moved from the number three to the number one enterprise software vendor in
Sentiment : Strong Buy
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Re: Good news of Starcite (Not rated) 16-May-07 10:48 am Internet Capital owns 26% of Starcite.
Sentiment : Strong Buy
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Re: Good news of Starcite (Not rated) 16-May-07 10:49 am Ten major new customers including Liberty Mutual Group, HealthLogiX and RPMC global
event marketing to its roster, as well as a major Japanese auto manufacturer and one of the
world’s largest breakfast and convenience food makers. StarCite also expanded its relationships
with many existing clients including Cardinal Health, Cox Enterprises, Pfizer and JPMorgan
Chase.
Sentiment : Strong Buy
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Re: Good news of Starcite (Not rated) 16-May-07 10:50 am We have entered the year with strong momentum,
exceeding our revenue and EBITDA targets and continuing steady customer migration to our
improved solution platform following our merger with OnVantage
Sentiment : Strong Buy
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Re: Good news of Starcite (Not rated) 16-May-07 02:45 pm Additional growth of revenues will come from this aquire:
StarCite Acquires Travent, Limited
Tuesday May 15, 7:00 am ET
--Move Expands StarCite's European Presence to the UK and Underscores Continued Global Growth--
PHILADELPHIA--(BUSINESS WIRE)--StarCite, Inc., the leading provider of On Demand Global Meeting Solutions(TM), announced today that it has acquired Travent Limited, EMEA, a UK-based provider of enterprise meeting management and global technology solutions to European companies and industry partners. Through the acquisition, StarCite continues its growth plans to expand globally and secures an impressive base of corporate customers and experienced staff in Europe.
ADVERTISEMENT
As a StarCite technology distributor for several years, Travent has successfully built its business in Europe by implementing meetings technology solutions for global corporate customers, including Pfizer, HRG and others, and by providing services that optimize new business processes for its clients and partners. With Travent's staff of experts joining StarCite, the acquisition will also bolster StarCite's European operations capabilities.
"As we continue to grow within the European market and globally, we are constantly looking for ways to improve our solutions and better serve our clients," said John Pino, StarCite Founder and President of StarCite International. "We are not only excited to expand our global presence, but as strategic meetings management continues to gain momentum worldwide, we are also proud to gain a team of experts in meetings spend management. Travent has built strong industry and corporate relationships, and we are looking forward to introducing even more services and capabilities to their impressive base of customers."
"StarCite has a long-standing reputation in the meetings industry for providing the most advanced meetings technology solutions to its clients that allow for greater control and visibility over meetings spend," said Ray Thackeray, Managing Director, Travent Limited, EMEA. "We are looking forward to joining forces with StarCite so that we can continue to provide the most innovative managed meetings programs, as well as a vibrant supplier marketplace that enables strategic sourcing. Our clients will benefit as they take advantage of greater functionality and StarCite's rich roadmap of planned technology and service enhancements."
As a co-founder of seeUthere Technologies, Ray Thackeray has been a long-time advocate of strategic meetings management and brings additional seasoned experience to StarCite's team. He will continue to work with StarCite in building its European client base and capabilities.
StarCite's international revenues continue to grow rapidly, with nearly 20% of its business now being generated outside the U.S. "We're excited about this acquisition," said Mike Boult, StarCite President and CEO. "With many of our current customers now rolling out programs in Europe, having more expertise there is an important differentiator for us. This definitely accelerates our plans and gives us momentum as we continue to grow globally."
Terms of the agreement were not disclosed.
Founded in 2002, Travent Limited, EMEA provider of MeetingView enterprise meeting management solutions, provides a comprehensive solution for the $300 billion global market for professional meetings and events. By standardizing a meeting management process to consolidate and control expenses enterprise-wide, Travent helps its clients to achieve greater cost savings and more effective meetings.
Sentiment : Strong Buy
Das muss man alles vor dem Hintergrund sehen, dass bei Internet Capital trotz exzellenter Fundamenals hohe Leerverkäufe bestehen, von denen die Shortseller ohne hohe Kurssteigerungen nicht mehr runterkommen. Zu den offiziellen Shortselling-Zahlen scheint es zudem erhebliches Nacktes Shorten zu geben. Normalerweise geht die SEC dagegen vor, allerdings sind ihr die Hände gebunden, wenn es vom Ausland ausgeht.
Realistische Kurs kann man in Deutschland nur von Lang und Schwarz sehen, die ich mit angegeben habe.
Internet Capital Group Inc. Registered Shares DL -,001
17.05.07 09:08 Uhr
7,94 EUR
-1,98 % [-0,16]
KGVe:
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Typ: Aktie WKN: A0CA1H
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ICGE
Internet Capital Group, Inc. NASDAQ-GM
Institutional Holdings Description | Hide Summary
Company Details
Total Shares Out Standing (millions): 39
Market Capitalization ($ millions): $421
Institutional Ownership: 83.2%
Price (as of 5/16/2007) 10.9
Ownership Analysis # Of Holders Shares
Total Shares Held: 102 32,141,278
New Positions: 16 427,654
Increased Positions: 50 6,997,475
Decreased Positions: 33 4,263,158
Holders With Activity: 83 11,260,633
Sold Out Positions: 15 1,592,141
Click on the column header links to resort ascending ( ) or descending ( ).
Owner Name Select a name below for more information. Date Shares Held Change(Shares) % Change(Shares) Value($1000)
FMR CORP 3/31/2007 4,470,196 3,744,080 515.63% $48,725
GENDELL JEFFREY L 3/31/2007 3,262,780 0 0.00% $35,564
DIMENSIONAL FUND ADV... 3/31/2007 3,250,151 137,447 4.42% $35,427
CAPITAL RESEARCH & M... 3/31/2007 3,100,000 25,000 0.81% $33,790
MASON CAPITAL MANAGE... 3/31/2007 1,623,324 1,200,582 284.00% $17,694
SCHNEIDER CAPITAL MA... 3/31/2007 1,555,417 (134,050) (7.93%) $16,954
BARCLAYS GLOBAL INVE... 3/31/2007 1,549,462 (84,767) (5.19%) $16,889
EMERALD ADVISERS INC... 3/31/2007 1,221,576 155,185 14.55% $13,315
PEQUOT CAPITAL MANAG... 3/31/2007 1,219,200 479,200 64.76% $13,289
COLUMBIA PARTNERS L ... 3/31/2007 1,215,399 189,014 18.42% $13,248
MELLON FINANCIAL COR... 12/31/2006 971,192 (1,465,389) (60.14%) $10,586
EAGLE ASSET MANAGEME... 3/31/2007 758,375 10,455 1.40% $8,266
TCW GROUP INC 3/31/2007 742,984 96,008 14.84% $8,099
STATE STREET CORP 3/31/2007 673,288 92,995 16.03% $7,339
TUDOR INVESTMENT COR... 3/31/2007 596,388 0 0.00% $6,501
VANGUARD GROUP INC 3/31/2007 553,519 50,517 10.04% $6,033
ENGEMANN ASSET MANAG... 3/31/2007 483,090 93,010 23.84% $5,266
NORTHERN TRUST CORP 3/31/2007 338,128 26,403 8.47% $3,686
MORGAN STANLEY 3/31/2007 315,680 3,115 1.00% $3,441
HOCKY MANAGEMENT CO ... 3/31/2007 282,600 0 0.00% $3,080
BRUCE & CO., INC. 3/31/2007 270,300 (3,000) (1.10%) $2,946
TIAA CREF INVESTMENT... 3/31/2007 266,377 8,206 3.18% $2,904
LASRY MARC 3/31/2007 250,000 0 0.00% $2,725
EMERALD MUTUAL FUND ... 3/31/2007 246,792 19,000 8.34% $2,690
AMVESCAP PLC/LONDON/ 3/31/2007 225,421 69,672 44.73% $2,457
Sentiment : Strong Buy
ICGE
Internet Capital Group, Inc. NASDAQ-GM
Institutional Holdings Description | Hide Summary
Company Details
Total Shares Out Standing (millions): 39
Market Capitalization ($ millions): $421
Institutional Ownership: 83.2%
Price (as of 5/16/2007) 10.9
Ownership Analysis # Of Holders Shares
Total Shares Held: 102 32,141,278
New Positions: 16 427,654
Increased Positions: 50 6,997,475
Decreased Positions: 33 4,263,158
Holders With Activity: 83 11,260,633
Sold Out Positions: 15 1,592,141
Click on the column header links to resort ascending ( ) or descending ( ).
Owner Name Select a name below for more information. Date Shares Held Change(Shares) % Change(Shares) Value($1000)
FMR CORP 3/31/2007 4,470,196 3,744,080 515.63% $48,725
GENDELL JEFFREY L 3/31/2007 3,262,780 0 0.00% $35,564
DIMENSIONAL FUND ADV... 3/31/2007 3,250,151 137,447 4.42% $35,427
CAPITAL RESEARCH & M... 3/31/2007 3,100,000 25,000 0.81% $33,790
MASON CAPITAL MANAGE... 3/31/2007 1,623,324 1,200,582 284.00% $17,694
SCHNEIDER CAPITAL MA... 3/31/2007 1,555,417 (134,050) (7.93%) $16,954
BARCLAYS GLOBAL INVE... 3/31/2007 1,549,462 (84,767) (5.19%) $16,889
EMERALD ADVISERS INC... 3/31/2007 1,221,576 155,185 14.55% $13,315
PEQUOT CAPITAL MANAG... 3/31/2007 1,219,200 479,200 64.76% $13,289
COLUMBIA PARTNERS L ... 3/31/2007 1,215,399 189,014 18.42% $13,248
MELLON FINANCIAL COR... 12/31/2006 971,192 (1,465,389) (60.14%) $10,586
EAGLE ASSET MANAGEME... 3/31/2007 758,375 10,455 1.40% $8,266
TCW GROUP INC 3/31/2007 742,984 96,008 14.84% $8,099
STATE STREET CORP 3/31/2007 673,288 92,995 16.03% $7,339
TUDOR INVESTMENT COR... 3/31/2007 596,388 0 0.00% $6,501
VANGUARD GROUP INC 3/31/2007 553,519 50,517 10.04% $6,033
ENGEMANN ASSET MANAG... 3/31/2007 483,090 93,010 23.84% $5,266
NORTHERN TRUST CORP 3/31/2007 338,128 26,403 8.47% $3,686
MORGAN STANLEY 3/31/2007 315,680 3,115 1.00% $3,441
HOCKY MANAGEMENT CO ... 3/31/2007 282,600 0 0.00% $3,080
BRUCE & CO., INC. 3/31/2007 270,300 (3,000) (1.10%) $2,946
TIAA CREF INVESTMENT... 3/31/2007 266,377 8,206 3.18% $2,904
LASRY MARC 3/31/2007 250,000 0 0.00% $2,725
EMERALD MUTUAL FUND ... 3/31/2007 246,792 19,000 8.34% $2,690
AMVESCAP PLC/LONDON/ 3/31/2007 225,421 69,672 44.73% $2,457
Sentiment : Strong Buy
And one thing is sure: We will see a gigangtic burst of one the most gigantic shortseller-bubbles in the history - and jump of the share-price.
Sentiment : Strong Buy
Langsam aber sicher verliere ich die Geduld an diesem Papier. Noch bin ich mit einigen Tausend Aktien dabei, aber irgend einmal schmeisse ich den Bettel auf den Markt.
Wäre mit anderen, ganz normalen Papieren aus Europa oder gar der Schweiz und dem gleichen Einsatz um Meilen besser gefahren.
Gebe dem Teil noch Zeit bis genau Ende Mai, dann entscheide ich mich endgültig.
Gruss penski
Ich bin ja nun über einen sehr langen Zeitraum von mehr als fünf Jahren eingestiegen und liege jetzt in etwa bei 17,500 Stück bei einem Einstiegpreis von etwa 10o,000 Dollar - die durchschnittliche Haltedauer ist etwas mehr als dreieinhalb Jahren.
Damit habe ich zwar nicht den DAX geschlagen, liege aber - bezogen auf die durchschnittliche Haltedauer von dreieinhalb Jahren fast gleich.
Der Unterschied ist nun, wie die Zukunft aussieht. Da bin ich beim DAX nicht pessimistisch - aber ich traue im auf Sicht von einem Jahr keine Kursverdoppelung zu, Internet Capital schon. Und auch mein Ziel für Ende 2011 liegt bei Internet Capital bei $50 - das ist mehr als ein Vervierfachunt gegenüber heute. Das kann sich aber auch ein Optimist wie Libuda beim DAX nicht vorstellen.
Auf der anderen Seite musst Du Dich selbst entscheiden, denn bist ja im Gegensatz zu dem einen oder anderen Poster auf diesem Board alt genug. Und Material als Grundlage für Deine Entscheidung findest wahrscheinlich auf keinem deutschen Aktienboard mehr - wobei Du logischerweise berücksichtigen solltest, dass das fast alles von einem Poster kommt, der sich allerdings fast immer auf Internetquellen stü+tzt, die Du überprüfen kannst. Aber auch die Wahrnehmung von Libuda kann auch selektiv sein - was ich hoffe, das es nicht zu 100% zutrifft.
wo doch jeder wußte, daß der innere Wert mindestens bei 80-100 € liegt,
wäre man um Meilen besser gefahren !
Es geht hier eindeutig zu langsam,
wenn man sich die Anstiege von sogenannten konservativen Papieren anschaut !
Obwohl - es kann durchaus auch einmal ein plötzlicher Jump ins Haus stehen, wenn der Shortsquezze naht.
Don Quichotte BIG SHORT has no chance (Not rated) 18-May-07 04:13 am against the increase of the institutionals and the good fundamentals. Therefore he must increase the offical shortselling positions and the positions of not legal naked shortselling, which are not part of the official numbers, every day.
And one thing is sure: We will see a gigangtic burst of one the most gigantic shortseller-bubbles in the history - and jump of the share-price.
Sentiment : Strong Buy
flankenking
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Re: Don Quichotte BIG SHORT has no chance (Not rated) 18-May-07 08:41 am Take a look to all the well-known institutionals, who fight with his ownership against Don Quichotte BIG SHORT, who lost a lot of money since the increase from $3.40 to prices of today:
Owner Name Select a name below for more information. Date Shares Held Change(Shares) % Change(Shares) Value($1000)
FMR CORP 3/31/2007 4,470,196 3,744,080 515.63% $48,725
GENDELL JEFFREY L 3/31/2007 3,262,780 0 0.00% $35,564
DIMENSIONAL FUND ADV... 3/31/2007 3,250,151 137,447 4.42% $35,427
CAPITAL RESEARCH & M... 3/31/2007 3,100,000 25,000 0.81% $33,790
MASON CAPITAL MANAGE... 3/31/2007 1,623,324 1,200,582 284.00% $17,694
SCHNEIDER CAPITAL MA... 3/31/2007 1,555,417 (134,050) (7.93%) $16,954
BARCLAYS GLOBAL INVE... 3/31/2007 1,549,462 (84,767) (5.19%) $16,889
EMERALD ADVISERS INC... 3/31/2007 1,221,576 155,185 14.55% $13,315
PEQUOT CAPITAL MANAG... 3/31/2007 1,219,200 479,200 64.76% $13,289
COLUMBIA PARTNERS L ... 3/31/2007 1,215,399 189,014 18.42% $13,248
MELLON FINANCIAL COR... 12/31/2006 971,192 (1,465,389) (60.14%) $10,586
EAGLE ASSET MANAGEME... 3/31/2007 758,375 10,455 1.40% $8,266
TCW GROUP INC 3/31/2007 742,984 96,008 14.84% $8,099
STATE STREET CORP 3/31/2007 673,288 92,995 16.03% $7,339
TUDOR INVESTMENT COR... 3/31/2007 596,388 0 0.00% $6,501
VANGUARD GROUP INC 3/31/2007 553,519 50,517 10.04% $6,033
ENGEMANN ASSET MANAG... 3/31/2007 483,090 93,010 23.84% $5,266
NORTHERN TRUST CORP 3/31/2007 338,128 26,403 8.47% $3,686
MORGAN STANLEY 3/31/2007 315,680 3,115 1.00% $3,441
HOCKY MANAGEMENT CO ... 3/31/2007 282,600 0 0.00% $3,080
BRUCE & CO., INC. 3/31/2007 270,300 (3,000) (1.10%) $2,946
TIAA CREF INVESTMENT... 3/31/2007 266,377 8,206 3.18% $2,904
LASRY MARC 3/31/2007 250,000 0 0.00% $2,725
EMERALD MUTUAL FUND ... 3/31/2007 246,792 19,000 8.34% $2,690
AMVESCAP PLC/LONDON/ 3/31/2007 225,421 69,672 44.73% $2,457
ARIENCE CAPITAL MANA... 3/31/2007 205,730 (754,826) (78.58%) $2,212
ALEXANDRA INVESTMENT... 3/31/2007 200,000 200,000 New $2,150
GAGNON SECURITIES LL... 3/31/2007 151,378 0 0.00% $1,627
CREDIT SUISSE 3/31/2007 146,501 (977) (0.66%) $1,575
TEWKSBURY CAPITAL MA... 3/31/2007 117,545 117,545 New $1,264
OLD LANE, LP 3/31/2007 111,900 82,675 282.89% $1,203
GALLEON MANAGEMENT L... 3/31/2007 100,000 100,000 New $1,075
VIRGINIA RETIREMENT ... 3/31/2007 94,500 0 0.00% $1,016
POTOMAC CAPITAL MANA... 3/31/2007 93,049 (125,895) (57.50%) $1,000
STRS OHIO 3/31/2007 92,300 (21,300) (18.75%) $992
COMMONWEALTH OF PENN... 3/31/2007 91,300 13,800 17.81% $981
CITIGROUP INC 3/31/2007 86,068 86,068 New $925
BLACKROCK INVESTMENT... 3/31/2007 82,684 18 0.02% $889
NORTHERN TRUST CO OF... 3/31/2007 80,300 (7,575) (8.62%) $863
CONESTOGA CAPITAL AD... 3/31/2007 79,400 (1,300) (1.61%) $854
STATE BOARD OF ADMIN... 3/31/2007 75,100 0 0.00% $807
GOLDMAN SACHS GROUP ... 3/31/2007 71,385 25,329 55.00% $767
GEODE CAPITAL MANAGE... 3/31/2007 68,951 (297) (0.43%) $741
PRUDENTIAL FINANCIAL... 3/31/2007 61,800 0 0.00% $664
AXA 3/31/2007 59,900 0 0.00% $644
Sentiment : Strong Buy
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Re: Don Quichotte BIG SHORT has no chance (Not rated) 18-May-07 10:48 am Don Quichotte BIG SHORT is fighting against good numbers from ICGCommerce:
ICG Commerce Marks Significant Growth in 2006, Projects Continued Expansion in 2007
ICG Commerce Leads Procurement Outsourcing Industry's Continued Growth As Leading Companies Propel Adoption
PHILADELPHIA - Monday, May 07, 2007 - ICG Commerce, a leading procurement services provider, today
announced business results for 2006, demonstrating solid growth and continued momentum for the burgeoning
procurement outsourcing industry. The company predicted continued double-digit increases in 2007.
ICG Commerce achieved year-over-year growth of 30 percent in 2006 and expects to
achieve this level in 2007. According to IDC, average industry growth in 2006 was 17%.
In addition, the company’s contract backlog (the value of all remaining contracted
revenue) climbed 150 percent.
“Our strong 2006 results and full pipeline demonstrate that procurement outsourcing is a
rapidly maturing industry and pure play specialists like ICG Commerce are in strong
demand,” said Carl Guarino, Chief Executive Officer, ICG Commerce. “Leading
companies are increasingly using procurement outsourcing to help increase control and
impact from their procurement effort by capturing, analyzing and optimizing spend,
ultimately driving maximum savings to the bottom line.”
In 2006, ICG Commerce partnered with or extended relationships with:
- Goodyear
- Timken Company
- Global Crossing
- Kimberly-Clark
- Microsoft India
Throughout 2006 results-driven leaders increasingly adopted procurement outsourcing
as part of their global strategies to deliver significant savings to the bottom line and
increase competitiveness. The market for global procurement BPO will reach $530
million in 2007, according to Nelson-Hall forecasts.
About ICG Commerce, Inc.
ICG Commerce (www.icgcommerce.com) is the leading procurement outsourcing
specialist delivering comprehensive source-to-pay as well as strategic sourcing services.
Results-driven leaders access ICG Commerce’s experienced resources and market
intelligence to better manage procurement and logistics spend, gaining significant
savings and enhanced visibility and control.
ICG Commerce is a privately held company founded in 1992 and a member of Internet
Capital Group's (Nasdaq: ICGE) network of partner companies. The company has
earned recognition from Forbes, Fortune, The International Association of Outsourcing
Professionals (IAOP) and leading industry analysts for its leadership in procurement
outsourcing.
Sentiment : Strong Buy
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Re: Don Quichotte BIG SHORT has no chance (Not rated) 18-May-07 01:19 pm Internet Capital owns 66% of ICGCommerce.
Sentiment : Strong Buy
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Re: Don Quichotte BIG SHORT has no chance (Not rated) 18-May-07 01:18 pm Don Quichotte BIG SHORT are fighting against excellent numbers of Starcite:
StarCite Announces Customer Wins and Additions to Executive Team
PHILADELPHIA, PA, May 15, 2007 – StarCite, Inc., the leading provider of On Demand
Global Meeting Solutions™, today announced that during the first quarter of 2007 it added more
than ten major new customers including Liberty Mutual Group, HealthLogiX and RPMC global
event marketing to its roster, as well as a major Japanese auto manufacturer and one of the
world’s largest breakfast and convenience food makers. StarCite also expanded its relationships
with many existing clients including Cardinal Health, Cox Enterprises, Pfizer and JPMorgan
Chase.
“We are thrilled that companies worldwide are recognizing the positive impact that technology
can have on budgets, time and resources,” said Michael Boult, StarCite president and chief
executive officer. “At the same time, we have entered the year with strong momentum,
exceeding our revenue and EBITDA targets and continuing steady customer migration to our
improved solution platform following our merger with OnVantage.”
In addition, during the first quarter Michael Boult was named to Supply & Demand Chain
Executive’s 2007 “Pros to Know” list. The magazine recognized Boult for raising the profile of
meeting spend management and reinforcing the strategic importance of corporate meeting
management policy.
StarCite also announced several strategic additions to its management team including Keith
Forshew, Chief Operating Officer; Venky Rangachari, Vice President of Information
Technology; Kevin Young, Vice President of Marketing; and Alison Galik, Vice President,
Adoption Management Operations.
As Chief Operating Officer, Keith Forshew will manage StarCite’s business strategy
development and have responsibility for day-to-day company activities. Joining StarCite from
Click Commerce, Baseline Magazine’s 2006 Number One Fastest Growing Software Company,
Mr. Forshew will share his experience leading strategy and operations initiatives across diverse
industries. With Click Commerce, Mr. Forshew developed the company’s successful 2006-2007
strategy through acquisitions, global penetration, market segmentation and new product
development.
In his role as Vice President of Information Technology, Venky Rangachari is responsible for the
strategy and direction of StarCite’s IT application infrastructure and security. He brings more
than 17 years of experience leading information technology and operations divisions for large
organizations and on-demand companies including Stratify, Digiprise and Jacent Technologies.
Bringing more than 15 years of marketing and communications expertise to StarCite, Kevin
Young will be instrumental to the company’s growth and expansion plans. Prior to joining
StarCite, Mr. Young was Vice President, Marketing, for SAP North America. Under his
leadership, SAP moved from the number three to the number one enterprise software vendor in
Sentiment : Strong Buy
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Re: Don Quichotte BIG SHORT has no chance (Not rated) 18-May-07 01:21 pm Internet Capital owns 26% of Starcite.
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Re: Don Quichotte BIG SHORT has no chance (Not rated) 18-May-07 01:40 pm Don Quichotte BIG SHORT are fighting against sensationel numbers of Creditex.
Take a look at sensationel numbers from a comparison. But only the hal will happen, it excellent, too.
First some numbers about Creditex from the last presentation:
Business Description
• Leading position in the credit derivatives market with strong bank recognition
• First to launch E-trading and have gained significant traction in Europe
• T-Zero is being launched to address the processing needs of the derivatives industry
• Top 2 Market share in most of the macro products Top
• Will trade over $2 trillion notional
• CDS market continuing to grow at 50%+ per annum
• NetIncome Positive
• Annualized revenue growth over 50% annually since January 2004
• 2006 Revenues at $135 Million
ICG Interest In Creditex
•15% Ownership Interest
• Doug Alexander holds a board seat
And now some numbers of ICE. The following income statement is from ICE of Yahoo-Board:
Income Statement Get Income Statement for:
View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Dec-06 31-Dec-05 31-Dec-04
Total Revenue 313,799 155,865 108,414
The revenues of the Internet Capital-company Creditex, a competitor to ICE, in 2006 was 135 million. That are 43% of the revenues of ICE of 314 million.
The Valuation of ICE is 10 billion. If Creditex has a equal valuation, the worth is 4.3 billion.
Internet Capital owns 15% of Creditex.
Sentiment : Strong Buy
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Re: Don Quichotte BIG SHORT has no chance (Not rated) 18-May-07 03:21 pm Because Don Quichotte BIG SHORT is a Don Quichotte, he must sell shares every day and increase his shortselling-positions.
April 2007
Short
Interest Percent
Change Average Daily
Share Volume Days to
Cover
ICGE Internet Capital Group, Inc. - Common Stock 4,639,917 3.90 319,399 14.53
The buyer are the institutitionals, who had increased his ownership about 4,000,0000 shares in the first quarter to now 83,7% of the 39 million outstandig shares of Internet Capital. The increase of official shortselling number in the first quarter was less than one million. And therefore we have a gigantic gap of three million. Most of this three million was an increase of not legal naked shorting, which is not part of the official numbers.
You see: Don Quichotte BIG SHORT has no chance, because every shortseller must cover one day. And all smart investors know, what then will happen.
Sentiment : Strong Buy
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Re: Don Quichotte BIG SHORT has no chance (Not rated) 18-May-07 05:20 pm Additional to the 4,639,917 shares, who were shorted official and are about 12% of the outstanding shares, exist gigantic naked shared numbers - I believe, much higher than the official numbers. In the first quarter of 2007 alone, there exist a gap of more thant 3 million shares. The increase of institutional ownership is more than 10% (to last 83,7% of the outstanding shares), but the increase of offcial shortselling is a lot less than a million. Most of difference of more than 3,000,000 share are not legal naked shortselling, which is not part of the numbers.
One of the centres of manipulation are the exchange in Frankfurt (Germany), where only manipuated prices exist. The problem for the SEC is, that they have no control at this criminal acting on foreign places - and the german "SEC", named Bafin, is doing nothing - they are only sleeping.
Sentiment : Strong Buy
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Re: Don Quichotte BIG SHORT has no chance (Not rated) 18-May-07 08:49 pm First, learn how to spell his name, moron. Than read the actual book. It should become fairly obvious who is tilting at windmills here, dude.
Rate it:
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Re: Don Quichotte BIG SHORT has no chance (Not rated) 19-May-07 05:08 am Don Quichotte BIG SHORT is fighting against exxellent numbers of Metastrom.
Metastorm Growth Streak Continues in 2007
Global BPM Software Leader Reports another Record Quarter and Steady Increase in Enterprise Deployments
BALTIMORE, MD – May 2, 2007 – Metastorm, a leading provider of Business Process Management (BPM) software for organizational agility, innovation, and governance, today announced financial results for its first quarter ending March 31, 2007. The privately held company posted record revenues and profitability, experienced 30% license growth year-over-year, and reported a continued increase in enterprise deployments of the Metastorm BPM® suite. In addition, existing customers continued to invest in the solution by increasing the number of users, deploying new processes, and implementing additional functional capability to support the full roundtrip process life-cycle. The increased investment by both new and existing customers was driven by a growing interest in BPM technology at the executive level as Metastorm customers validate the software’s ability to not only lower costs and increase control, but also to deliver greater agility and foster increased innovation throughout an organization.
Metastorm continued to witness broad adoption of its BPM software and Process Pod® solutions on a global scale including wins at ADP (France), Cameron McKenna (U.K.), John Deere (Germany), MMA Financial (U.S.), Osborne Clark (U.K.), Rome Airport (Italy), Royal Pharmaceutical Society (U.K.), and Wyeth (U.S.). Existing customers expanding their use of the Metastorm BPM suite included Channel 4 Television (U.K.), Chubb & Sons (U.S), FTN Midwest (U.S.), KPMG (U.S.), SkandiaBanken (Denmark), Staples (U.S.), and the U.S. Navy (U.S.). Strong adoption rates and large enterprise license deals enabled Metastorm to post its 10th consecutive quarter of profitable growth.
Metastorm’s continued revenue performance was recognized by several third party organizations including Smart CEO magazine which presented Metastorm with a Future50 award for its revenue growth, and START-IT magazine which named the Metastorm BPM Suite as a top technology for the manufacturing industry. In addition, Metastorm made KMWorld’s list of the Top 100 Companies that Matter in Knowledge Management for the fourth consecutive year – a validation that BPM technology is not a passing fad but an established enterprise platform with widespread adoption. Metastorm’s BPM leadership was further validated in Q1 by its inclusion in Microsoft’s newly launched Business Process Alliance – an elite set of 10 vendors selected to deliver business process capabilities that complement and extend Microsoft applications.
The most telling endorsement of Metastorm’s performance comes from its customers, who stepped forward to deliver Season 3 of the Metastorm Customers Speak Out video testimonial series – adding to a growing library of live commentary detailing the benefits in efficiency, control, agility, and innovation that Metastorm BPM is delivering across industries and across geographies (www.metastorm.com/customers/videos).
“Metastorm exhibited its ability to deliver consistent growth and profitable results throughout 2006, and we capitalized on that momentum in Q1 to deliver another record quarter,” stated Robert Farrell, president and CEO of Metastorm. “Metastorm customers and partners continue to validate our strategic investments in the company and the product. Organizations want to invest in a proven, established company that will be there to support them long-term, and Metastorm has demonstrated its ability to deliver both measurable results and innovative product capabilities that scale to enterprise needs. Our focus has always been to grow our BPM leadership worldwide, and we have the strategic plan and proven operating model in place to deliver on this objective throughout 2007 and beyond.”
Sentiment : Strong Buy
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Re: Don Quichotte BIG SHORT has no chance (Not rated) 19-May-07 05:13 am Internet Capital owns 41 of Metastorm, who is profitable and has strong grwoth.
You could read it in the article in my last posting: ".The privately held company posted record revenues and profitability, experienced 30% license growth year-over-year, and reported a continued increase in enterprise deployments of the Metastorm BPM® suite."
Wünsche ein schönes Wochenende
penski
1. Im Gegensatz zu allen 30 DAX-Werten arbeitet Internet Capital mit 100% Eigenkapital. Vor knapp drei Jahren haben sie hier das Ruder völlig herumgerissen und durch die Ausgabe neuer Aktien Eigenkapital beschafft und damit die Schulden bis auf eine Wandelschuldverschreibung in Höhe von 60 Million, die 2009 fällig sein sollte, getilgt. Und in den letzten beiden Jahren haben sie dann auch diese erst 2009 fällige Wandelschuldverschreibung restlos getilt, sodass Internet Capital jetzt völlig schuldenfrei ist. Das hat allerdings den Nachteil, dass die Hebelwirkung über den Leverage-Effekt wegfällt - daher spreche ich seit drei Jahren auch nicht mehr von möglichen Verfünf- oder Verzehnfachunge, sondern nur noch von möglichen Verdoppelungen oder Verdreifachungen, die für mich aus emotional bedingten Unterbewertungen resultieren, die sich auflösen werden. Mir ist die Sicherheit etwas übertrieben - 20 bis 30% der Bilanzsummen könnten durchaus Kredit sein, mit denen man die Zahl umlaufenden Aktien reduzieren könnte.
2. Internet Capital ist eigentlich eine Art verkappter Internet-Fonds, das reduziert die Auschläge nach oben und unten.
3. Mit 180 Millionen Cash/Wertpapier bei einer Marktkapitalisierung von 425 Millionen sind ca. $4,50 vom Kurswert allein dadurch abdeckt. Mir wäre hier etwas mehr Risiko lieber, z.B. Reduzierung der Cash und den Rückkauf von eigenen Aktien.
4. Und schließlich werden die anteiligen Umsätze der Beteiligungen nur mit einem Multiple von etwa 1,7 bewertet - vergleichbare Unternehmen kommen auf Multiples von 6, beim letzten Kauf von Mircosoft für 6 Milliarden war es gar ein Multiple von 14. Also bei 1,7 sehe ich nach unten keinerlei Platz - zumal die Beteiligungen wachsen und positiv berichten.
Bernanke & Credit Derivatives (Not rated) 17-May-07 01:54 pm Remarks by Chairman Ben S. Bernanke
To the Federal Reserve Bank of Atlanta's 2007 Financial Markets Conference, Sea Island, Georgia
(via satellite)
May 15, 2007
Regulation and Financial Innovation
"Good morning. I'm pleased to be able to join you for this year's financial markets conference, albeit from afar. Last year the focus was on hedge funds, and the main theme of this year's gathering is credit derivatives. ......."
CreditEx is the biggest global player in Credit Derivatives!
Sentiment : Strong Buy
Rate it:
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Re: Bernanke & Credit Derivatives (Not rated) 18-May-07 03:07 pm Take a look at sensationel numbers from a comparison. But when only the half will happen, it is excellent, too.
First some numbers about Creditex from the last presentation:
Business Description
• Leading position in the credit derivatives market with strong bank recognition
• First to launch E-trading and have gained significant traction in Europe
• T-Zero is being launched to address the processing needs of the derivatives industry
• Top 2 Market share in most of the macro products Top
• Will trade over $2 trillion notional
• CDS market continuing to grow at 50%+ per annum
• NetIncome Positive
• Annualized revenue growth over 50% annually since January 2004
• 2006 Revenues at $135 Million
ICG Interest In Creditex
•15% Ownership Interest
• Doug Alexander holds a board seat
And now some numbers of ICE. The following income statement is from ICE of Yahoo-Board:
Income Statement Get Income Statement for:
View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Dec-06 31-Dec-05 31-Dec-04
Total Revenue 313,799 155,865 108,414
The revenues of the Internet Capital-company Creditex, a competitor to ICE, in 2006 was 135 million. That are 43% of the revenues of ICE of 314 million.
The Valuation of ICE is 10 billion. If Creditex has a equal valuation, the worth is 4.3 billion.
Internet Capital owns 15% of Creditex.
Sentiment : Strong Buy
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Re: Bernanke & Credit Derivatives (Not rated) 12 minutes ago 102% growth in 2006 after 103% growth in the market of Creditex. Creditex is the worldwide greatest interdealer-broker of credit-derivates. And Internet Capital owns 15% of Creditex.
ISDA®
INTERNATIONAL SWAPS AND DERIVATIVES ASSOCIATION, INC.
NEWS RELEASE
For Immediate Release Wednesday, April 18, 2007
For More Information, Please Contact:
Scott Marra, ISDA Press Office, Boston, 617-385-4913, smarra@isda.org
Lauren Dobbs, ISDA Press Office, Boston, 617-385-4914, lauren@kennedycom.com
ISDA Publishes Year-End 2006 Market Survey
BOSTON, WEDNESDAY, April 18, 2007 – At its Annual General Meeting here today, the International Swaps and Derivatives Association (ISDA®) announced the results of its Year-End 2006 Market Survey of privately negotiated derivatives.
The notional principal outstanding volume of credit default swaps (CDS) grew 33 percent in the second half of 2006, rising from $26.0 trillion at June 30, 2006 to $34.5 trillion at December 31, 2006. This compares with 52 percent growth during the first half of 2006. CDS notional growth for the whole of 2006 was 102 percent, compared with 103 percent during 2005. The survey monitors credit default swaps on single-names, baskets and portfolios of credits and index trades.
Notional amounts of interest rate derivatives outstanding, which include interest rate swaps and options and cross-currency interest rate swaps, grew almost 14 percent to $285.7 trillion in the second half of 2006. For the year as a whole, interest rate derivatives notionals rose 34 percent over 2005, which is above the annual growth rate of recent years.
Notional amounts of equity derivatives outstanding, consisting of equity swaps, options, and forwards, grew 12 percent from $6.4 trillion to $7.2 trillion in the 2006 second half. Annual growth was 29 percent, compared with 34 percent during 2005.
The above notional amounts, which total $327.4 trillion across asset classes, are an approximate measure of derivatives activity, and reflect both new transactions and those from previous periods. The amounts do not, however, represent the risks associated with the activity; in order to determine risk, it is necessary to estimate net replacement cost, which ISDA does not collect.
The Bank for International Settlements (BIS) collects both notional amounts and market values in its derivatives statistics and it is possible to use the BIS statistics to determine the amount at risk in the ISDA survey results. As of November 2006, gross mark-to-market value is approximately 2.7 percent of notional amount outstanding. In addition, net credit exposure (after netting but before collateral) is 0.5 percent of notional amount outstanding.
Applying these percentages to the total ISDA Market Survey notional amount outstanding of $327.4 trillion as of December 31, 2006, gross credit exposure before netting is estimated to be $8.8 trillion and credit exposure after netting is estimated to be $1.6 trillion.
“The privately negotiated derivatives industry continues to experience robust growth, reflecting both continued innovation and the globalization of risk management activity across geographic borders and business sectors,” said Robert Pickel, Executive Director and Chief Executive Officer, ISDA. “Through our strong global presence, and the active involvement of our members, ISDA plays an important role in fostering innovation, reducing risk and enabling broader adoption of these important risk management tools.”
Sentiment : Strong Buy
flankenking
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Re: Bernanke & Credit Derivatives (Not rated) 2 minutes ago Additional to the last posting;
The ISDA Year-End 2006 Market Survey reports notional amounts outstanding for the interest rate derivatives, credit default swaps, and over-the-counter equity derivatives as of December 30, 2006. All notional amounts have been adjusted for double counting of inter-dealer transactions. ISDA surveys its Primary Membership twice yearly on a confidential basis. In this survey, 96 firms provided data on interest rate swaps; 91 provided responses on credit derivatives; and 91 provided responses on equity derivatives. Although participation in the Survey is voluntary, all major derivatives houses provided responses.
About ISDA
ISDA, which represents participants in the privately negotiated derivatives industry, is among the world’s largest global financial trade associations as measured by number of member firms. ISDA was chartered in 1985, and today has approximately 780 member institutions from 54 countries on six continents. These members include most of the world's major institutions that deal in privately negotiated derivatives, as well as many of the businesses, governmental entities and other end users that rely on over-the-counter derivatives to manage efficiently the financial market risks inherent in their core economic activities. Information about ISDA and its activities is available on the Association's web site: www.isda.org.
®ISDA is a registered trademark of the International Swaps & Derivatives Association, Inc.
Sentiment : Strong Buy
Dadrüber wird hier kein Wort verloren. Würde lieber den Bestand den Du Libuda hälst an die Wand drücken, oder kannst Du einen plausieblen Grund nennen, warum man jetzt Internet Cap kaufen sollte, wo doch ein Verfahren gegen die Gesellschaft angesterbt wird.
Das spiegelt sich auch im Kurs wieder !
Wenn Internet Cap. so große Probleme hat, wie du befürchtest, dann hätten die institutionellen Anleger ihre Anteil nicht so stark erhöht!
Der Anteil der Institutionellen Anleger ist nämlich in dem Zeitraum vom 20. April bis heute von 73% auf 84% gestiegen! Es ist deshalb nicht damit zu rechnen, dass diese Anleger die Aktie kurzfristig verkaufen werden. Und Libuda hat ja auch schon mehrfach erwähnt, dass der Short-Anteil bei Internet Cap. extrem hoch ist.
Wäre im übrigen nett von dir, wenn du einen entsprechenden Link einstellen könntest zu dem Verfahren gegen Internet Capital.
http://www.nasdaq.com/asp/...=XSNX&selected=ICGE&page=holdingssummary
Libuda, nun bist du gefragt!
Gruss penski
Nachstehend der Link, den ich gefunden habe. Zum einen datiert dieser vom 02. Mai 2007 (auch in der Zeit vom 02.05 bis heute ist der Anteil der Instutionellen Anleger gestiegen), zum anderen dürfte das noch keine Klage sein, sondern nur der Suche nach Klagewilligen dienen. Und wenn ich das Schreiben richtig interpretiere, dann dürfte nicht Internet Capital sondern Merrill Lynch die beklagte Partei sein!
http://www.primenewswire.com/ca/news.html?d=118711
Source: Klayman & Toskes P.A.
Attention All Internet Capital Group Employee Stock Option Plan Participants and Holders of Control and Restricted Internet Capital Group Securities Who Maintained Concentrated Stock Portfolios At Merrill Lynch
NEW YORK, May 2, 2007 (PRIME NEWSWIRE) -- The Securities Arbitration Law Firm of Klayman & Toskes, P.A. ("K&T") (http://www.nasd-law.com), representing numerous aggrieved investors throughout the nation, advises all Internet Capital Group Employee Stock Option Plan ("ESOP") participants and holders of control and restricted Internet Capital Group securities who maintained accounts at Merrill Lynch, and who are eligible to participate in the Settlement of the Merrill Lynch Research Reports Securities Litigation, Case No. 02 MDL 1484, to explore all of their legal options before the May 18, 2007 opt-out deadline.
Pursuant to the Class Action, Class Members include those investors who suffered losses as a result of their purchase of Internet Capital Group (Nasdaq:ICGE) through Merrill Lynch, from August 30, 1999 through November 8, 2000. The Class Action alleged that Merrill Lynch issued fraudulent research reports on numerous Internet companies, including Internet Capital Group, thereby causing injury to the Plaintiffs when the stock price declined. Because of Merrill Lynch's favorable research ratings, many investors who held large, concentrated positions in Internet Capital Group were never advised that they could protect or hedge the value of their portfolio, as this would, in effect, cap the upside potential of the stock. Further, many ESOP participants and holders of control and restricted Internet Capital Group securities were completely unaware that Merrill Lynch knew of and had available risk management strategies to protect their concentrated stock portfolios, until they could be broadly diversified.
Accordingly, Internet Capital Group ESOP participants, as well as holders of control and restricted Internet Capital Group securities should contact K&T to discuss the filing of a securities arbitration claim as an alternative means to recover their financial losses. Empirical evidence shows that investors may achieve an overall higher rate of recovery by filing an individual securities arbitration claim.
For more information, please contact Jahan K. Manasseh, Esquire of Klayman & Toskes at 888-997-9956, to discuss your legal options and/or the possibility of pursuing an individual securities arbitration claim. You may also visit us on the web at http://www.nasd-law.com.
CONTACT: Klayman & Toskes, P.A.
Jahan K. Manasseh, Esquire
888-997-9956
www.nasd-law.com
solange Aktien von diesen Firmen sehr begehrt sind,
siehe Intershop, CMGI usw.
Damit versucht man nur viele naive Kleinanleger rauszuschütteln !!!
Nur ein Zeichen, daß man hier unbedingt zuschlagen muß !!!
Apropo Intershop:
Das wird der nächste Tenbagger in wenigen Jahren !
Anteil Institutioneller Anleger liegt bei 85,30 % - dazu kommen die Anteile des Vorstandes (lt. Libuda 2-4 %)
Datum: 20.05.07
Internet Capital Group, Inc.: Ownership Information
Shares Outstanding 39.00 Mil
Institutional Ownership (%) 85.30
Top 10 Institutions (%) 58.10
Mutual Fund Ownership (%) 25.92
5%/Insider Ownership (%) .42
Float (%) 99.58
Es wird für die Shorties tatsächlich immer enger - wenn man bedenkt dass der offiziell gemeldete Short-Anteil mittlerweile bei 4 Mio Aktien = 12 % liegt!
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Deutsche Bank legt ETF auf Kreditderivate auf
Dies ist eine Mitteilung von DAS INVESTMENT. Für den Inhalt ist DAS INVESTMENT verantwortlich.
(DAS INVESTMENT) Die Deutsche Bank wird in Kürze drei neue börsennotierte Indexfonds auflegen. Die Exchange Traded Funds (ETF) mit dem Namenszusatz db x-trackers werden jeweils einen Index auf Kreditderivate abbilden. Über Kreditderivate geben vor allem Banken das Ausfallrisiko ihrer Schuldner an Dritte weiter. Dafür erhalten die Dritten eine Prämie. Im Gegenzug übernehmen sie die Schulden, falls der Kreditnehmer diese nicht zurückzahlen kann. Anleger sollen die neuen Fonds über die Deutsche Börse handeln können.
Die zugrunde liegenden Indizes bilden die Prämien für Kredite europäischer Unternehmen ab. Der iTraxx Europe umfasst 125 Schuldner bester Qualität, das heißt das Ausfallrisiko ist gering. Die 30 Unternehmen aus dem iTraxx Europe, auf deren Kredite es die höchsten Prämien gibt, vereint der iTraxx HiVol. Als dritter Index bildet der iTraxx Crossover die Kreditprämien der 50 Unternehmen ab, auf deren Namen die meisten Kreditderivate in Umlauf sind. Das sind sowohl Schuldner hoher als auch geringer Qualität. Die britische International Index Company (ICC) hat die Barometer im Jahr 2004 aufgelegt.
Axa Investment Managers und BNP Paribas Asset Management haben bereits gestern ETF auf dieselben Indizes angekündigt. Sie wollen ihre Fonds im Sommer auf den Markt bringen. Bei der Deutschen Bank sind die drei ETF Teil einer Produktoffensive. Dabei sollen in den kommenden zwei bis drei Monaten etwa 35 weitere börsennotierte Indexfonds auf Aktien-, Rohstoff- und Rentenindizes an den Start gehen.
04.05.07 cwl
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Internet Capital ist mit 15% am weltweit größten Interdealer-Broker auf diesem Derivate-Sektor beteilit: Creditex. Creditex hatte 2006 Provisionserlöse von 135 Millionen und macht Gewinn. Das Wachstum in 2005 als auch in 2006 betrug bei den Provisionserlösen jeweils 50% - und es dürfte weiter stark wachsen, auch wenn logischerweise mehr Konkurrenten auf lukrativen Märkten auftreten. Nimmt man das Angebot der Deutschen Börse für einen US-Derivate-Börse als Maßstab, kommt man zu schier schwindelerregenden Zahlen. Denn die Deutsche Börse hat für ein Unternehmen mit etwas gleichen Umsätzen 2,8 Milliarden US-Dollar geboten. Selbst wenn Creditex nur halb so hoch bewertet würde, wären das bei einem Wert von 1,4 Milliarden für die 15% von Internet Capital 210 Millionen - nicht schlecht, Herr Specht, kann man da nur sagen.
1 Nutzer wurde vom Verfasser von der Diskussion ausgeschlossen: tradeconto