Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

CEO of Metastrom: IPO in June    

Dreary IPO market may hold silver lining for tech firms

Baltimore Business Journal - by Scott Dance Staff


Plans for a Metastorm Inc. initial public offering haven't changed despite Wall Street instability expected to chill the IPO market.

CEO Robert Farrell said the Baltimore software company is still on track to grow revenue and make acquisitions in preparation for a June IPO, according to a company spokesman. Farrell declined to be interviewed.

Stock market observers said overall, successful IPOs will be scarce for at least the next six months. But some could break through in high-tech industries far from the turmoil of the credit and real estate markets.


By 100 million revenues in 2008 the ipo-market-cap will be 400-500 million.

Internet Capital owns 32% of Metastorm.  
 

wo Internet Capital 41% hält:

Channel Intelligence Adds Over 100 New Participants to Ad Network


ORLANDO, Fla. (March 18, 2008) - Today, Channel Intelligence (CI) announced the addition of 113 new manufacturers and retailers to the CI Ad Network. The network currently includes over 2,000 retailers and 100 manufacturers across 20 countries. New participants include leading manufacturers such as Yamaha, Magellan, Linksys, and Haier, and retailers such as Target, PC Mall, Buy.com, Ace Hardware, Circuit City, Tiger Direct, Ritz Interactive, OfficeMax, B&H Photo Video and New Egg.

The CI Ad Network facilitates the online shopping experience for consumers by connecting them from the product pages on a manufacturer’s website to online retailers carrying the product in stock. This seamless process takes the consumers from browsing to buying in just two clicks. The consumer can purchase easily from their preferred online retailer without any potential buying distractions.

“We’re excited with the tremendous growth and adoption rate of the CI Ad Network,” states Tom Geraghty, Senior Vice President of the CI Ad Network. “Our program takes the benefits of where-to-buy functionality to the next level by providing product-level pricing and inventory to consumers. They want to make informed buying decisions and our program helps them do that.”

For manufacturers and retailers, the CI Ad Network provides an enhanced where-to-buy offering while accelerating online sales and fostering channel partnerships. The network is based on a CPA (cost-per-acquisition) model, which makes it a very cost-effective marketing program with little risk for participating retailers.

To learn more about the CI Ad Network, please visit http://www.channelintelligence.com/cian_overview.html. Retailers interested in joining the network are encouraged to sign up at http://www.channelintelligence.com/cian/retailerenrollment.asp.

About Channel Intelligence, Inc. (CI)
With product data as the core foundation of its marketing services, CI has created a database capable of storing, managing and optimizing hundreds of millions of products every day. Helping consumers easily find and buy products is CI’s primary goal. CI is able to accomplish this through innovative suites of services for manufacturers, retailers and publishers. CI works with some of the best solution providers in the industry and supports over 50 destination sites to benefit its customers which include hundreds of the world’s leading manufacturers and retailers such as Best Buy, JVC, Neiman Marcus Group, Panasonic, Spiegel, Circuit City, Target, Philips, ICE.com, Black & Decker, ShopNBC, Yamaha, Overstock.com and more.

Founded in 1999 by CEO Robert Wight and EVP Alan Fulmer, CI is a partner company of Internet Capital Group (Nasdaq: ICGE) and is headquartered in Orlando, Fla., with offices in Geneva, Switzerland and London, England. Learn more at http://www.channelintelligence.com.
 

bis zu 400 Millionen. Die 65% von Internet Capital wären dann 260 Millionen wert. Zusammen mit der Cash/Wertpapiere von 150 Millionen wäre das schon mehr als die Marktkapitalisierung vom Freitag. Die 33% an Starcite, die 32% an Metastorm, die 15% an Creditex, die 32% an Freeborders, die 41% an Channelintelligence, die 35% an Whitefence, die 48% an Vcommerce, die 5% an Emptoris, die 9% an Anthem Venturs usw. gäbe es dann umsonst.

Re: Worth of 65% on ICGCommerce by an IPO = 200 million

Maybe we will not see an ipo of ICGCommerce, because ICGCommerce is the only Pure Play of the big five in the market and a excellent goal for a strategic investor, for example offshore-centric suppliers such as Genpact, HCL, Infosys BPO and Wipro. I believe, they could pay near 400 million for the about 60 million revenus of ICGCommerce in 2008 to enter this fast growthing market.

Internet Capital owns 65% of ICGCommerce.  
 

und wie immer in der Vergangenheit auch, erhöht der Shortseller seine Leerverkäufe, um die noch besser gewordenen Fundamentals zu neutralisieren. Mittel- und langfristig hat er damit aber seit dem Anstieg von $3.40 auf das heutige Niveau immer nur wenige Tage Erfolg gehabt.

Interessant ist übrigens, dass die von mir gestern als Interessent für ICGCommerce genannte Genpact in der nachstehenden Meldung auftaucht. Mit einer Marktkapitalisierung von 2,7 Milliarden wären auch 300-400 Millionen für ICGCommerce von Genpact zu stemmen. Da scheint etwas im Busch zu sein und ich lag wohl gestern mit meiner Vermutung goldrichtig.

Press Release Source: Hertz Corporation


Hertz Selects ICG Commerce to Provide Procurement Outsourcing Services
Monday April 21, 10:30 am ET


Key Element of Strategic Initiative to Change Business Model


PHILADELPHIA, PA--(MARKET WIRE)--Apr 21, 2008 -- The Hertz Corporation (NYSE:HTZ - News) has signed a five-year contract with ICG Commerce, a leading procurement services provider, for procurement outsourcing services to support Hertz's broader efficiency improvement and reengineering efforts.
ADVERTISEMENT


"Our objective is to be the lowest cost, highest quality, and most customer-focused company in the rental markets we serve. We are selecting service providers who will help us drive efficiency, quality and service improvements worldwide," said Mark P. Frissora, Hertz's Chairman and Chief Executive Officer.

John Thomas, Executive Vice President, Global Supply Chain at Hertz, added, "Partnering with ICG Commerce enables us to drive material savings across our indirect spend over the next five years, while increasing our focus on our direct expenses and other key supply chain opportunities."

Under the contract, ICG Commerce will provide comprehensive procurement outsourcing services for Hertz's North American and European operations. These services will help Hertz drive greater control over expenditures in buying categories including professional services, equipment and automotive, facilities, transportation, IT, benefits, and marketing.

"We chose the procurement specialist based on ICG Commerce's deep procurement expertise, strong track record of helping companies achieve aggressive bottom-line cost reductions and their understanding of our needs and goals," said John Thomas. "Working collaboratively with ICG Commerce allows us to more effectively deliver global, best-in-class procurement to support and grow our business."

In order to help Hertz achieve its procurement goals, ICG Commerce will provide access to a comprehensive infrastructure that supports sourcing, transaction management and category management across North America and Europe. ICG Commerce will leverage its partnership with Genpact (NYSE:G - News), drawing on the company's deep six-sigma experience and strong operational capabilities, to support procurement processing in Europe.

"We are proud to play a high-impact role in one of Hertz's key strategic initiatives," said Carl Guarino, Chief Executive Officer, ICG Commerce. "We look forward to working alongside Hertz to achieve their objectives and to demonstrate the significant value procurement outsourcing can bring to a company."

About Hertz

The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc. (NYSE:HTZ - News), is the world's largest general use car rental brand, operating from approximately 8,100 locations in 147 countries worldwide. Hertz is the number one airport car rental brand in the U.S. and at 69 major airports in Europe, operating both corporate and licensee locations in cities and airports in North America, Europe, Latin America, Australia and New Zealand. In addition, the Company has licensee locations in cities and airports in Africa, Asia, and the Middle East. Product and service initiatives such as Hertz #1 Club Gold®, NeverLost® customized, onboard navigation systems, SIRIUS Satellite Radio, and unique cars and SUVs offered through the company's Prestige, Fun and Green Collections, set Hertz apart from the competition. Hertz also operates one of the world's largest equipment rental businesses -- Hertz Equipment Rental -- offering a diverse line of equipment to customers ranging from major industrial companies to local contractors and consumers through more than 360 branches in the United States, Canada, France and Spain.

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 (NasdaqGM:ICGE - News) 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.

About Genpact

Genpact (NYSE:G - News) manages business processes for companies around the world. The company combines process expertise, information technology and analytical capabilities with operational insight and experience in diverse industries to provide a wide range of services using its global delivery platform. Genpact helps companies improve the ways in which they do business by applying Six Sigma and Lean principles plus technology to continuously improve their business processes. Genpact operates service delivery centers in India, China, Hungary, Mexico, the Philippines, the Netherlands, Romania, Spain and the United States. For more info: www.genpact.com




 

Internet Capital hält 9% an Anthem Venture:

http://www.anthemvp.com/news.php

Anthem Venture ist ein Inkubator wie Internet Capital auch, allerdings kein börsennotierter.  

ICGE Icon of the First Internet Boom     20-Apr-08 06:03 pm     What about the second internet boom? With sites like Digg, and Propeller popping up all over the place, will ICGE get in the action. Discuss this and other topics at EquityGroups.com


Sentiment : Strong Buy
Rating :
(18 Ratings)Rate it:
     webstocky31


Male



--------------------------------------------------

View Messages

Ignore User

Report Abuse


  Re: ICGE Icon of the First Internet Boom     36 minutes ago     I believe Internet Capital is in a wonderful position: The value of the ownerships and the cash/securities are between one and 1.5 billion, but the market-cap is only 400 million. Rating :
(No ratings)Rate it:
     flankenking


--------------------------------------------------

View Messages

Ignore User

Report Abuse


  Re: ICGE Icon of the First Internet Boom     33 minutes ago     Internet Capital owns 65 of ICGCommerce:

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. Rating :
(No ratings)Rate it:
     flankenking


--------------------------------------------------

View Messages

Ignore User

Report Abuse


  Re: ICGE Icon of the First Internet Boom     28 minutes ago     Internet Capital owns 32% of the biggest pure play in business process management: Metastorm.

This IDC study is one of a series of IDC Customer Needs and Strategies studies that examine how customers are using various business process management (BPM) software products. According to IDC, Metastorm has amassed the largest portfolio of business process management-related software of any vendor, encompassing a comprehensive BPM suite along with high-end architectural and planning tools. This report includes a current view of Metastorm's BPM suite – including the advanced modeling and simulation capabilities that Metastorm ProVision provides in the context of the process improvement lifecycle. The report also includes highlights from IDC interviews with several Metastorm customers including Blue Rhino, Great Clips, and Wyeth. Rating :
(No ratings)Rate it:
     flankenking


--------------------------------------------------

View Messages

Ignore User

Report Abuse


  Re: ICGE Icon of the First Internet Boom     27 minutes ago     Internet Capital owns 33% of Starcite:

StarCite, Inc. is the largest on-demand global meetings management company in the $300 billion global marketplace for corporate meetings and events. Processing more than 3 million attendee registrations a year and delivering over $7.5 billion in revenue opportunities annually to meeting suppliers, StarCite brings together buyers and suppliers of meeting-related services on an unprecedented scale; delivering value through world class technology and services to both audiences. Rating :
(No ratings)Rate it:
     flankenking


--------------------------------------------------

View Messages

Ignore User

Report Abuse


  Re: ICGE Icon of the First Internet Boom     25 minutes ago     Internet Capital owns 32% of Freeborders:

Freeborders is a leading provider of technology solutions and outsourcing from China . Freeborders provides industry expertise to North American and European companies in financial services, technology, retail/consumer goods, manufacturing and transportation & logistics. Headquartered in San Francisco with offices on three continents, Freeborders has developed a track record of service delivery to the Fortune 1000 by combining world-class project management in both hemispheres with one of the largest technology centers in China . Freeborders believes China 's massive and growing supply of IT talent and the country's emerging importance in the global supply chain make China a strategic imperative for any company seeking cost-effective world-class technology solutions.


Sentiment : Strong Buy
Rating :
(No ratings)Rate it:
     flankenking


--------------------------------------------------

View Messages

Ignore User

Report Abuse


  Re: ICGE Icon of the First Internet Boom     22 minutes ago     Internet Capital owns 15% of Creditex:

Creditex is the global market leader in the execution of credit derivatives. The first and leading etrading
platform in credit derivatives, Creditex is used by more than 1,000 traders at the world's top
financial institutions. The platform has executed $5 trillion notional in credit default swap (CDS)
indices, single-name CDS and standardized structured credit products. Creditex has earned
numerous accolades including ones from Credit, Euromoney, Forbes, IFR, Institutional Investor,
Risk, Ernst & Young and Deloitte & Touche. Rating :
(No ratings)Rate it:
     flankenking


--------------------------------------------------

View Messages

Ignore User

Report Abuse


  Re: ICGE Icon of the First Internet Boom     18 minutes ago     Internet Capital owns 41% of Channelintelligence:

Helping consumers easily find and buy products is our primary goal. We accomplish this through innovative suites of marketing services for manufacturers, retailers and publishers. We understand how important the Internet is in facilitating commerce transactions and have designed our products to meet the needs of each online channel that influences the consumer’s buying process on the Web and in brick and mortar stores. Our products help our customers strengthen and protect their brands online while also increasing sales and maximizing the return-on-investment from online advertising programs.



Improving Channel Effectiveness Through Our Services:





With product data as the core foundation of our marketing services, we have created a database capable of storing, managing and optimizing hundreds of millions of products. Through our patented and patent-pending technologies, we automatically find and group like products together in our database by understanding and interpreting various naming conventions, categorizing each and every product into our Universal Type-based categories and harvesting essential search variables such as attributes and keywords. This optimized product data can be sent and received in all the commonly used formats, integrating seamlessly with existing channels and offering greater possibilities to marketers and publishers. Most importantly, the tools we provide facilitate more effective, accurate management of online and online influenced local marketing programs.

We work with some of the best solution providers in the industry and support over 50 destination sites to benefit our customers which include hundreds of the world’s leading manufacturers and retailers such as Best Buy, JVC, Neiman Marcus Group, Panasonic, Spiegel, Circuit City, Target, Philips, ICE.com, Black & Decker, ShopNBC, Yamaha, Overstock.com and more.

Founded in 1999 by CEO Robert Wight and EVP Alan Fulmer, CI is partner company of Internet Capital Group (Nasdaq: ICGE) and is headquartered in Orlando, Fla., with offices in Geneva, Switzerland and London, England. Rating :
(No ratings)Rate it:
     flankenking


--------------------------------------------------

View Messages

Ignore User

Report Abuse


  Re: ICGE Icon of the First Internet Boom     16 minutes ago     Internet Capital owns 48% of Vcommerce:

Vcommerce is the leading provider of eCommerce solutions enabling retailers, branded manufacturers, apparel, and entertainment companies to grow revenue and reduce expenses associated with operating an eCommerce business. We provide Software-as-a-Service (SaaS) solutions for our clients across five key areas: online marketing, storefront, order management, fulfillment & integration, and customer service. Vcommerce also seamlessly integrates solutions from the world's best application and service providers to enable retailers to derive maximum value from their investments in eCommerce. With Vcommerce Enterprise, clients have the flexibility to deploy an end-to-end total solution or utilize the key areas and services that enhance their existing eCommerce investments. Vcommerce clients include Overstock.com, eToys Direct, Ritz Interactive, MTV Networks and newegg.com. Located in Scottsdale, AZ, the company is privately held, and its investors include Internet Capital Group, Inc. (Nasdaq: ICGE). Rating :
(No ratings)Rate it:
     flankenking


--------------------------------------------------

View Messages

Ignore User

Report Abuse


  Re: ICGE Icon of the First Internet Boom     14 minutes ago     Internet Capital owns 35% of Whitefence:

WhiteFence is the leading one-stop online comparison-shopping marketplace that helps consumers compare and order home services such as electricity, natural gas, phone, cable and satellite TV, high-speed Internet, banking and more. Its proprietary transaction engine makes it easy for all 110 million U.S. households to find the best deals and conveniently set up their home services in minutes. WhiteFence is a 2007 finalist for the Platt's Global Energy Rising Star Award. The privately held company is based in Houston, Texas, and is backed by Adams Street Partners and Internet Capital Group. Rating :
(No ratings)Rate it:
     flankenking


--------------------------------------------------

View Messages

Ignore User

Report Abuse


  Re: ICGE Icon of the First Internet Boom     11 minutes ago     Internet Capital owns 5% of Emptoris:

Emptoris is a world leader in innovative supply and contract management software solutions that empower enterprises to realize best value and accelerate profitable growth. Emptoris solutions are used by successful Global 2000 companies in every industry. Customers include American Express, Boeing, ConocoPhillips, Kraft, Motorola, Owens Corning, Syngenta, and Vodafone. Rating :
(No ratings)Rate it:
     flankenking


--------------------------------------------------

View Messages

Ignore User

Report Abuse


  Re: ICGE Icon of the First Internet Boom     9 minutes ago     Internet Capital owns 9% of Anthem Venture:

http://www.anthemvp.com/portfolio.php Rating :
(No ratings)Rate it:
     flankenking


--------------------------------------------------

View Messages

Ignore User

Report Abuse


  Re: ICGE Icon of the First Internet Boom     4 minutes ago     Internet Capital owns 2.2 million shares of Blackboard:

Blackboard Inc. (NASDAQ: BBBB) is a leading provider of enterprise software applications and related services to the education industry. Founded in 1997, Blackboard enables educational innovations everywhere by connecting people and technology. Millions of people use Blackboard everyday at academic institutions around the globe, including colleges, universities, K-12 schools and other education providers, as well as textbook publishers and student-focused merchants that serve education providers and their students. Blackboard is headquartered in Washington, D.C., with offices in North America, Europe, Australia and  
 

noch zwei Stunden Zeit sich einige Stücke billig zuzulegen.  

http://messages.finance.yahoo.com/...94&mid=254294&tof=1&frt=1#254294

Eventuell müsst ihr "1 star + unrated" eingeben, da der Yahoo-Board permanent manipuliert wird.  

Reuters
The worst is over for stocks: S&P's Stovall
Tuesday April 22, 11:04 am ET


NEW YORK (Reuters) - Stocks have seen the worst of the declines and are poised to head higher boosted by a spate of interest rate cuts by the Federal Reserve and spending linked to the government's economic stimulus package, a leading equity strategist said on Tuesday.
ADVERTISEMENT


Sam Stovall, chief investment strategist and chairman of the investment policy committee at Standard & Poor's, reiterated a forecast by his firm calling for the benchmark S&P 500 (^SPX - News) to finish 2008 at the 1,560, about 5 points shy of the index's record close set in October 2007.

"We do have a good likelihood of retracing our steps at least up to the 1,560 level," he told an investment outlook teleconference. "Much of the decline we've experienced is likely over in our opinion. We believe the worst is over and we could see the market work its way higher."

(Reporting by Ellis Mnyandu; Editing by Theodore d'Afflisio)


 

denn wenn das im Juni über die Bühne gehen soll, dann muss das S1-Filling, die Vorankündigung an die SEC, in den nächsten Wochen kommen. Wie Ihr nachstehend seht, will man den Juni als Termin halten.

WHAT IPO???? - THIS IPO!!!!!!!!!!!!!!!     6 minutes ago     Last Friday the CEO of Metastorm announced an IPO for june. It they want to make an ipo in june, the S1-filing must come in the next days and will base on the numbers of first quarter. The revenues of 2008 will be about 100 million and Metastorm in profitable since about 15 quarters. The ipo-market-cap will be 400-500 million.

Dreary IPO market may hold silver lining for tech firms

Baltimore Business Journal - by Scott Dance Staff


Plans for a Metastorm Inc. initial public offering haven't changed despite Wall Street instability expected to chill the IPO market.

CEO Robert Farrell said the Baltimore software company is still on track to grow revenue and make acquisitions in preparation for a June IPO, according to a company spokesman. Farrell declined to be interviewed.

Stock market observers said overall, successful IPOs will be scarce for at least the next six months. But some could break through in high-tech industries far from the turmoil of the credit and real estate markets.



 

kann man daran erkennen, dass sie permanent versuchen den Yahoo-Board zu manipulieren.

Install "1 star + unrated"     4 minutes ago     because shortseller manage the message-board. They want to hide important informations about the parnter-companies of Internet Capital.


Sentiment : Strong Buy
Rating :
(No ratings) flankenking


--------------------------------------------------

View Messages

Report Abuse


  Re: Install "1 star + unrated"     3 minutes ago     Genpact anticipate the possible buy of ICGCommerce 25-Apr-08 01:32 pm Genpact anticipate the possible buy of ICGCommerce

http://finance.yahoo.com/q?s=G

The price for ICGCommerce will be about 300 million, maybe 350-400 million, because there are big synergy-effects. Rating :
(No ratings) flankenking


--------------------------------------------------

View Messages

Report Abuse


  Re: Install "1 star + unrated"     2 minutes ago     Value of Creditex = 2 billion 25-Apr-08 01:03 pm Worth of 15% on Creditex = 300 million 25-Apr-08 07:40 am Compare CME and Creditex 24-Apr-08 04:30 pm CME 1Q profit soars but misses Wall Street's estimates
Tuesday April 22, 4:47 pm ET
By Dave Carpenter, AP Business Writer
CME 1st-quarter profit more than doubles after CBOT deal but misses estimates, stock sinks


CHICAGO (AP) -- Shares of financial exchanges operator CME Group Inc. fell nearly 8 percent Tuesday after the company's first-quarter results fell short of Wall Street forecasts despite more than doubling profits.
ADVERTISEMENT


The operator of the Chicago Mercantile Exchange and the Chicago Board of Trade earned $284 million, or $5.25 per share. That's more than double the profit during the January-through-March quarter a year earlier when CME earned $130 million, or $3.69 per share.

Excluding a number of charges and a tax benefit, CME said earnings amounted to $4.67 per share. Revenue totaled $625 million, nearly doubled from $332 million in the first quarter of 2007.

"With the backdrop of significant unrest in global financial markets and a challenging environment for many financial services companies, CME Group continued to execute on our business plan and deliver significant top line growth," Chief Executive Craig Donohue said on a conference call with investors.

But the results were worse than expected, falling short of estimates by analysts surveyed by Thomson Financial who forecast a quarterly profit of $4.80 per share on revenue of $629 million. Those forecasts typically exclude one-time items.

Citigroup analyst Donald Fandetti told investors that CME's miss was largely based on lower interest income and lower transaction fees on a lower rate-per-contract.

"Outside of the headline shortfall, fundamentals in the quarter were good," he wrote in a research note.

The largest U.S. futures exchange operator has benefited from volatility of the shaken capital markets. As investors shift positions, the exchange takes a fee for each move.

Average daily volumes rose sharply in each month during the period compared with a year ago, leading to a 32 percent gain in the full quarter.

"During what was a challenging environment for many financial services companies, CME Group achieved volume growth of 32 percent in the first quarter, reflecting strength from all product areas," said CME Group Executive Chairman Terry Duffy.

CME said the results included only CME operations and not CBOT results. Their merger was completed last year.

Analysts say exchange operators face headwinds in the coming quarters, however, with volume growth likely slowing as market volatility decreases.

Meanwhile, CME said it hopes to complete its $9 billion cash-and-stock buyout of Nymex Holdings Inc., which operates the New York Mercantile Exchange, by the end of the year.

CME shares fell $40.00 to $483.50 on Tuesday after earlier trading as low as $460.26.

AP Business Writer Ashley M. Heher in Chicago contributed to this report. Rating :
(3 Ratings) flankenking


-------------------------------------------------- ---------------------------

View Messages

Report Abuse


Re: Compare CME and Creditex 24-Apr-08 04:38 pm About the revenues of CME we can read:

"Revenue totaled $625 million, nearly doubled from $332 million in the first quarter of 2007."

In the result, revenus can be 3 billion in 2008, the market-cap is 25 billion. Revenues of Creditex in 2008 will be about 250 million. And now do your math. Rating :
(No ratings) flankenking


--------------------------------------------------

View Messages

Report Abuse


  Re: Install "1 star + unrated"     1 minute ago     WHAT IPO?????? - THIS IPO!!!!!!!!!!!!!!! 25-Apr-08 01:00 pm Last Friday the CEO of Metastorm announced an IPO for june. It they want to make an ipo in june, the S1-filing must come in the next days and will base on the numbers of first quarter. The revenues of 2008 will be about 100 million and Metastorm in profitable since about 15 quarters. The ipo-market-cap will be 400-500 million.

Dreary IPO market may hold silver lining for tech firms

Baltimore Business Journal - by Scott Dance Staff


Plans for a Metastorm Inc. initial public offering haven't changed despite Wall Street instability expected to chill the IPO market.

CEO Robert Farrell said the Baltimore software company is still on track to grow revenue and make acquisitions in preparation for a June IPO, according to a company spokesman. Farrell declined to be interviewed.

Stock market observers said overall, successful IPOs will be scarce for at least the next six months. But some could break through in high-tech industries far from the turmoil of the credit and real estate markets.


Sentiment : Strong Buy Rating :
(No ratings) flankenking


--------------------------------------------------

View Messages

Report Abuse


   

meines Erachtens zu recht:

A possible quarter billion from Genpact for 65% of ICGCommerce     1 minute ago     producing panic by the criminal naked shortseller.

I believe, criminal naked shortseller are right with the big fear about the coming ipo of Metastorm, because Internet Capital will get about 150 million from the 32% of Metastorm.

Last Friday the CEO of Metastorm announced an IPO for june. It they want to make an ipo in june, the S1-filing must come in the next days and will base on the numbers of first quarter. The revenues of 2008 will be about 100 million and Metastorm in profitable since about 15 quarters. The ipo-market-cap will be 400-500 million.

Dreary IPO market may hold silver lining for tech firms

Baltimore Business Journal - by Scott Dance Staff


Plans for a Metastorm Inc. initial public offering haven't changed despite Wall Street instability expected to chill the IPO market.

CEO Robert Farrell said the Baltimore software company is still on track to grow revenue and make acquisitions in preparation for a June IPO, according to a company spokesman. Farrell declined to be interviewed.

Stock market observers said overall, successful IPOs will be scarce for at least the next six months. But some could break through in high-tech industries far from the turmoil of the credit and real estate markets.  
 

vor allem den kriminellen nackten Shortsellern, die gegen geltende Gesetze verstoßen, verursacht:

A possible quarter billion from Genpact for 65% of ICGCommerce     26-Apr-08 04:09 pm     producing panic by the criminal naked shortseller.

I believe, criminal naked shortseller are right with the big fear about the coming ipo of Metastorm, because Internet Capital will get about 150 million from the 32% of Metastorm.

Last Friday the CEO of Metastorm announced an IPO for june. It they want to make an ipo in june, the S1-filing must come in the next days and will base on the numbers of first quarter. The revenues of 2008 will be about 100 million and Metastorm in profitable since about 15 quarters. The ipo-market-cap will be 400-500 million.

Dreary IPO market may hold silver lining for tech firms

Baltimore Business Journal - by Scott Dance Staff


Plans for a Metastorm Inc. initial public offering haven't changed despite Wall Street instability expected to chill the IPO market.

CEO Robert Farrell said the Baltimore software company is still on track to grow revenue and make acquisitions in preparation for a June IPO, according to a company spokesman. Farrell declined to be interviewed.

Stock market observers said overall, successful IPOs will be scarce for at least the next six months. But some could break through in high-tech industries far from the turmoil of the credit and real estate markets. Rating :
(9 Ratings) flankenking


--------------------------------------------------

View Messages

Report Abuse


   

wer die Absicht hat, die Aktiengewinne unversteuert zu kassieren, sollte, wenn er denn in ICGE rein will, sich langsam sputen, denn zum einen stehen steigende Kurse ins Haus und zum anderen kommt ab 1.1.09 die Abgeltungsstuer von 25% zzgl. Solizuschlag!

Aktienanleger will der deutsche Staat in Zukunft schlechter stellen, denn hier wird kräftig abkassiert (~30% Minus dürften es dann werden), was insbesondere die Kleinanleger trifft. Anleger mit hohen Einkommen, werden sich besser stellen als ohne Abgeltungssteuer und deren Abgaben werden zurück gehen, was widerum für ein größeres Interesse bei diesen Anlegern für Aktien sprechen könnte und das dürfte der Aktie weieteren Auftrieb geben.
Desweiteren die anstehenden IPO´s bei ICGE, dürften für weiteren Turbo bei diesem Titel sorgen! Auch wenn der $ weiter fallen sollte zum € -b is auf 2:1, sind die Aussichten besser denn je-, wenn dann später wieder der $ zum € steigen sollte, denn kommen auch die Währungsgewinne als Bonbon dazu!
 

oder anderweitigen Monetarisierungen, z.B. in Form von Verkäufen, die u.U. mehr Kohle bringen können als ein IPO, z.B. im Falle der nach meiner Meinung wertvollsten Beteiligung, den 15% an Creditex, die alleine sich auf 300 Millionen belaufen können.

In Sachen Dollar liegst Du meines Erachtes völlig falsch, denn langfristig bestimmt immer die Kaufkraftparität den Kurs - die liegt nach neuesten Erkenntnis näher an 1,10 als bei 1,20. Dort wird also längerfristig der Kurs hinmarschieren - Übertreibungen eingschlossen kann dann durchaus auch wieder die Parität touchiert werden. Ehe mich jemand zum Idioten erklärt, sollte er daran denken, wie es damals bei 0,83 war.

Aber hier noch einiges zu der nach meiner Ansicht wertvollsten Beteiligung Creditex:
Good Article About the CDS Market     28-Apr-08 12:07 pm     Apr 24th 2008
From The Economist print edition

Why one part of the credit markets just keeps on growing


NOT all credit products are created equal. The credit-default swap (CDS) market is going from strength to strength, with outstanding volumes rising from an already staggering $34.4 trillion at the end of 2006 to $62.2 trillion at the end of last year. In contrast, issuance of collateralised-debt obligations (CDOs) has fallen dramatically. It was a paltry $11.7 billion in the first quarter, down from a record $186.5 billion in the same period the year before.

At first blush, this might seem surprising. After all, during the boom years for CDOs, the two products were closely intertwined. Traditional CDOs bundled bonds into portfolios and then split those portfolios into tranches, depending on investors' appetite for risk. Some investors wanted a higher return but were willing to take the first hit from bond defaults; other investors were more concerned about the safety of their capital and were willing to accept a lower return.

The idea was so popular that there were not nearly enough corporate bonds to go round. So managers created so-called “synthetic” CDOs, in which the portfolios consisted of credit-default swaps. In a CDS, one party agrees to insure the other in the event of a bond default, in return for a fee (the equivalent of an insurance premium). So in a synthetic CDO, those who owned the riskiest tranches got more of the premium but lost out when defaults occurred.

There is, in theory, no limit on the amount of default swaps that can be created. So when managers wanted to sell a synthetic CDO, they simply created some more CDSs. Now that the CDO market is in the deep freeze, thanks to all those subprime-related losses, that source of demand has dried up.

But there have been plenty of other buyers. After all, it is only natural that, with the likelihood of bond defaults increasing, more investors should want to buy insurance against such events.

More importantly, however, the CDS has become the product of choice for those investing in credit as an asset class. Five to ten years ago, the corporate-bond market was a lot less active; there was little trading in the bonds themselves, which were often locked up in the portfolios of pension funds and insurance companies.

The invention of the CDS increased the liquidity of the market and, crucially, allowed investors to take a “short” position on bonds. Traditionally, you would buy a corporate bond at, say, 95 cents on the dollar. The best you could hope for was that interest would continued to be paid and that the bond would be repaid at par; at worst, the issuer could default and you could conceivably be left with nothing.

Now investors who believe that credit conditions will deteriorate for a particular company can buy a CDS on the bond, whether or not they own it. The value of such an insurance contract will rise if default becomes more likely. The creation of index contracts on the market allows you to bet whether all corporate bonds (or, indeed, different segments of the market such as investment grade and junk bonds) will rise or fall in value.

As a result, the CDS is such a useful instrument for hedge funds and the trading desks of investment banks that it seems inconceivable it will go away. Just as the future on the S&P 500 index is a key part of the equity market, the CDS is central to non-government debt.

But could it be the Achilles heel of the financial markets? One clear problem is counterparty risk; insurance is worth nothing if the insurer cannot pay up. The involvement of Bear Stearns in the credit-derivatives market was one reason why there was a public interest in the firm's rescue; a default might have caused chaos as other counterparties struggled to calculate their risk exposure.


Sentiment : Strong Buy
Rating :
(No ratings)Rate it:
     blue_sky_in...


--------------------------------------------------

View Messages

Ignore User

Report Abuse


  Re: Good Article About the CDS Market     28-Apr-08 12:09 pm     Continued:

Another problem could emerge if a sudden surge in defaults was accompanied by a further widening in spreads. The market might become illiquid if those that had in effect sold insurance tried to exit their positions.

Market insiders are confident the CDS sector can stand up to the strain. Ashish Shah of Lehman Brothers says that the CDS market showed itself robust in the face of the Enron and WorldCom defaults in 2001 and 2002, and of other bankruptcies since then.

However, many market participants were equally reassuring about the health of the CDO market in early 2007—and look how that turned out. Independent observers will not be really reassured until the system survives the test of a big, juicy default. Given the weakness of the American economy and the scale of the credit crunch, it probably will not be long before that test comes along.


Sentiment : Strong Buy
Rating :
(No ratings)Rate it:
     blue_sky_in...


--------------------------------------------------

View Messages

Ignore User

Report Abuse


  Re: Good Article About the CDS Market     28-Apr-08 01:25 pm     Latest exact numbers about Creditex we had about 2006, when the merger with Credittrade happened. At this time Creditex reported 135 million revenues and profitablity for the mergered company in 2006.

In 2007 Internet Capital reported in the quarterly reports about strong growth of Creditex as a winner of the credit-trouble and therefore the revneues must be about 200 million an higher - in the three year from 2004-2006 the growth-rate in every year was about 50%.

I believe, that the grwoth in 2006 will be slower, but we will have growth - for example 25%, especially in index-tradeing. The result will be revenues of a quarter billion. If we take a multiple of 10 and more like competitors like CME and others, the worth of Creditex is 2.5 billion. We should look at the high value of the subsidiary tzero, too:

www.tzero.com Rating :
(No ratings) flankenking


--------------------------------------------------

View Messages

Report Abuse


  Re: Good Article About the CDS Market     28-Apr-08 02:04 pm     Two points.

The Bank of England last week used CDS to address the coming credit crunch in the UK by issuing 100 billion pounds of CDS contracts available on demand to inject liquidity into their banking system i.e. banks could exchange tainted debt for British treasury notes so that they could borrow against them for a fee. I thought it to be a very creative solution, I wonder if Creditex was the middleman - if so the have pretty much already made their revenue targets for this year.

This week's Barrons also touches on this issue by describing a stabilization in US credit markets. The value of the underlying CMOs are expected to be in flux for at least the next five years. If this article is correct, there will be speculative trading of these contracts for many years to come since you don't have to own the underlying bonds. More significantly, property values are now contracting in Europe so depending on exposure of banks in England, France, Germany, Italy, ect. the same thing as happened in the US is about to happen in Europe. Talk about blood in the water!




 

Schon bei einem Dollar/Eurokurs 1/1,20
gingst Du damals von einer schnellen Parität aus -
anstatt Parität haben wir jetzt 1/1,56 !!!

Libuda hat auch oft unrecht !
Auch als ICGE bei 14 Dollar stand,
ging er von einer kurzfristigen Verdoppelung aus,
heute sind wir gerade mal bei 10 Dollar !

Alles in allem haben wir mit ICGE seit 3 Jahren,
auch wegen der Währung,
so gut wie nichts verdient -
und das in einer Zeit, als konservative Dividentenpapiere,
wie VW von 32 auf 192 € ging,
Dividente extra !

Libuda, Du hast Dich verspekuliert -
kann sein, daß die Zukunft besser wird,
aber Du hast Dich extrem verspekuliert !

Denn nach einem Crash kommen ERST die konservativen,
die Value-Werte
und danach die High-Tech-Werte !

JETZT, ABER ERST JETZT, SOLLTE MAN REIN IN ICGE, CMGI, ARIBA,
USW. USF. !
Gute Nacht !  

ich habe weder mit CMGI, die ich hier oft als unsinniges Investment beschrieben habe, noch etwas mit Ariba, die beide mit Internet Capital fast nichts gemeinsam haben, am Hut. Internet Capital war seit dem Anstieg von $ 3.40 auf das heutige Niveau nie bei $14, ganz wenige Stunden mal in der Nähe. Richtig ist, dass ich wie heute auch damals davon ausgegangen bin, dass der Fair Value von Internet Capital zwischen $25 und $30 liegen wird - und da werden wir auch binnen Jahresfrist landen. Aber Aktienkurse bewegen sich nun einmal unter Schwankungen auf Kursziele zu. Wer das nicht aushält, sollte Bundesschatzbriefe kaufen.

Genauso wird der Euro bei der Kaufkraftparität landen, die nach neuesten Studien sogar erheblich unter 1,20 liegt.

Daher sollte man sich jetzt die gute Startposition sichern. Den ersten Schub wird es beim IPO von Metastorm geben, der im Juni ansteht.

Dreary IPO market may hold silver lining for tech firms     2 minutes ago     Dreary IPO market may hold silver lining for tech firms
updated 8:00 p.m. ET April 20, 2008

Plans for a Metastorm Inc. initial public offering haven't changed despite Wall Street instability expected to chill the IPO market.

CEO Robert Farrell said the Baltimore software company is still on track to grow revenue and make acquisitions in preparation for a June IPO, according to a company spokesman. Farrell declined to be interviewed.

Stock market observers said overall, successful IPOs will be scarce for at least the next six months. But some could break through in high-tech industries far from the turmoil of the credit and real estate markets.

Farrell said in 2007 that Metastorm was nearing $100 million a year in revenue -- a benchmark he said would be promising for an IPO and he expected to reach by the end of 2008. He said the goal was an IPO at the midpoint of 2008. The firm specializes in software that helps companies forecast growth and its effects.

Schmidt said he couldn't speak specifically to Metastorm's outlook, but said high-tech companies have better chances at IPOs now compared to during the economic slowdown of the early 2000s. Back then, the high-tech sector helped to bring on the troubles. But now the pain may be more limited to financial services and real estate, he said.

Baltimore Business Journal


Sentiment : Strong Buy
Rating :
(No ratings) flankenking


--------------------------------------------------

View Messages

Report Abuse


  Re: Dreary IPO market may hold silver lining for tech firms     1 minute ago     Internet Capital owns 32% of Metastorm


 

aufgestockt:

At Hewlett-Packard, procurement consolidates the meetings-management spend
By Susan Avery -- Purchasing, 4/10/2008
Gathering data on meeting spending is a challenge, but having that information in hand can be a powerful tool for procurement when negotiating with suppliers.

So says Lea McLeod, director of travel and meeting services at Hewlett-Packard Co. in Palo Alto, Calif. McLeod works in procurement; she reports to Becky Cornett, vice president of global (indirect) procurement. HP consolidated its meetings spend globally within procurement four years ago.

“It’s been an insightful process for us,” says McLeod. “To go from having no information to having a good deal of information is huge. It’s really been a transformation.”

In consolidating the meetings spend globally, procurement at HP has selected preferred suppliers and standardized terms and conditions of contracts it negotiates with them. Procurement also built a central process for employees to use when planning meetings and installed technology tools that make that happen. It also introduced a credit card for its meeting planners to use to pay meeting-related expenses.

A company doesn’t have to be the size and scope of HP to consolidate its spending on meetings, says McLeod who figures a company’s annual spend on meetings to be roughly 30% of its total annual spend on travel. For HP, that’s approximately $200 million.

HOW THEY BUY. For HP, procurement is the function to consolidate the company’s meetings spend. “The idea behind procurement in general is to leverage and exploit the company’s spending,” says McLeod. “The beauty of being in procurement is we have a 180-degree view of all verticals in the organization. Our value is to bring together all the disparate pieces.”

McLeod, in fact, compares the process of consolidating meetings spending to finding pieces of a puzzle and putting them together. Meetings spend is complex, and the challenge is that there is no single expense item for the spend category on the company general ledger. It’s buried in several different cost account codes. So McLeod and her team sought out internal stakeholders—the people at HP who actually plan and conduct the meetings—and asked about what they spend and with whom they spend it. They also approached suppliers, the event planning companies HP uses for its larger meetings.

With the data, the team worked closely with colleagues in HP’s marketing function to select preferred suppliers for the company. They knew they had a handle on spending with airlines so they focused in on the event planning companies and hotels. They also worked as a team to select a technology tool.

Once procurement identified preferred suppliers, narrowing down the number the company uses in regions of the world where it does business, it worked to standardize its expectations of suppliers and terms and conditions of the agreements procurement negotiated with them. The team also created a template for meeting planners to select a supplier from its preferred list.

STANDARDIZATION. Procurement created a single process for paying suppliers that set up registration websites for use by meeting planners within HP. From the data the team gathered, McLeod and her team determined that one division was paying a per-attendee fee. Another was paying one lump sum. Now, everyone uses the same method for payment.

Procurement learned from the data that when event planning companies negotiated hotel room rates on its behalf, HP was not building leverage with the hotel properties. “So, we insisted that rooms be booked and credited to HP so we could get visibility and leverage that spend,” she says.

For smaller meetings, those for whom HP doesn’t use event planning companies, procurement selected and implemented use of tools from StarCite, meeting solution providers in Philadelphia.

The technology allows a meeting planner to go online for information on meeting venues and hotel properties and prices procurement at HP negotiated with them. With the tool, the planner can also book the location.

Procurement asks that its preferred event planning companies use the StarCite tool when they can. That way, much of HP’s spend data on meetings is aggregated in one place.

 
WHAT IT MEANS TO BUYERS:
At HP, procurement has been involved in the meetings spend for seven years. The company has consolidated its meeting spend globally.
Meetings typically make up roughly 30% of a company’s annual spend on travel.
The most challenging part of consolidating the meetings spend is analyzing and managing the data.
HP identified preferred suppliers and standardized terms and conditions of their contracts. It also put in place a process for employees to use when planning meetings.


 

Auf dem Yahoo-Board versucht eine Gruppe vermutlich illegaler krimineller nackter (d.h. dass sie sich die verkauften Wertpapiere gar nicht, wie es eigentlich vorgeschrieben ist, geliehen haben) Leerverkäufer die nachstehenden Information mit Rating-Mätzchen zu verstecken. Die haben Tausende von ID's, wenn es sein muss wohl auch Millionen, mit denen sie ein "1 star-rating" abgeben, wodurch die Information bei der Normalvorstellung verschwindet. Seltsamerweise ist Yahoo gegen diese Manipulation noch nicht vorgegangen und ein Fall für die SEC ist das meines Erachtens auch. Auf der anderen Seite ist es gut für alle Käufer, die ihre Planstückzahlen noch nicht erreicht haben. Aber sputen sollten die sich schon. Wer in den USA kaufen kann, sollte das meines Erachtens heute noch tun.

That are the from criminal nakes shortsellers hidden informations:


On the base of the 62.1 million revenues from the fourth quarter and a quarterly growth-rate of revenues of 6% I expect the following revenues for the eight core-companies in 2008:

First quarter: 65.8 million

Second quarter: 69.8 million

Third quarter: 74 million

Fourth quarter: 78.4 million

If we add the revenues of the four quarters of 2008, the result is 288 million revenues for 2008.


About the ownership we could read in the last quarterly report: "Our ownership positions in these eight companies ranged from 26% to 80% and averaged 45% at December 31, 2007." I believe we had in the first quarter a small increase of the average of ownership from 45% to 46%, because Internet Capital increased the ownership in Starcite from 26% to 33%.

The result of 288 million revenues of the eight core-companies and a average in ownership of 46% are proportional revenues of the eight core-companies of about 132 million.


From the other private hold partner companies (non-core) are the following three companies important: Creditex (very important), Emptoris and Anthem Venture.

Revenues of Creditex in 2008 will be about a quarter billion. Internet Capital owns 15% - that proportional revenues for Internet Capital of 37.5 million.

Revenues of Emptoris in 2008 will be about 160 million. Internet Capital owns 5% - that proportional revenues of 8 million for Internet Capital.

An estimate of proportional revenues from Anthem Venture is very difficult, because it is an incubator like Internet Capital. If Anthem Venture has revenues like Internet Capital, we can additional take 9% of the revenues of Internet Capital without Anthem Venture of about 175 million = 15 million.

In the result we have proportional revenues from the Creditex, Emptoris and Anthem Venture of 60.5 million.

The result of the addition of the proportional revenues of the eight core-companies of 2008 of 132 million and the proportional revenues of the three non core-companies Creditex, Emptoris and Anthem Venture of 60.5 million are 192.5 million proportional revenues.


Devolopement of cash and securities in the first quarter.

I believe, that the cash decreased from 70 million to 50 million, because Internet Capital increased the ownership of Starcite from 26% to 33% and bought additional shares of GoIndustry.

The worth of 2.2 million shares of Blackbaord is about 77 million.

The worth of more than 80 million shares of GoIndustry is about 17 million.

If we add 50 million, 77 million and 17 million, the amount of cash/securites is 144 million.


If we subtract the 144 million cash and securities from the market-cap of 390 million = 246 million.

In the result we have a valuation of 192 million proportional revenues in 2008 with only 246 million - a multiple of only 1.3.

That is complete nonsense, because comparable companies have multiples between 5 and 6, for example the average of tech-stock in the S+P500. Therefore we have a undervalue of 4-fold of the proportional revenues of 192.5 = 770 million or near $20/share. If we add this $20 to the price of today of $10, we come to a fair value of $30.


 

legen die nachstehenden volkswirtschaftlichen Daten nahe. Währungsgewinne kommen noch dazu.

http://www.ariva.de/Britische_Notenbanlk_lernt_von_Libuda_t328665  

Deutsche Bank and T-Zero

Integration and Automation of Credit Derivatives Trade Processing Flows

Background

Digiterre works closely for and on behalf of T-Zero to provide consulting and integration services to their clients. Deutsche Bank made a decision to use the T-Zero Credit Derivatives Trade Processing Platform with the aim of reducing the time required to process trades and to reduce operational costs. However, Deutsche Bank mandated that it should be integrated seamlessly into their in-house trading systems.

"Digiterre delivered an excellent solution, on time, in a very complex, changing environment. They demonstrated an expertise in both technical and business knowledge, and I would highly recommend them", Michael Murray, Assistant Vice President, Group Technology & Operations, Deutsche Bank.

The Challenge

Once a trade has been received from the Deutsche Bank trading systems, it needs to be alleged on the T-Zero platform against the selected Hedge Fund. After the trade has been accepted by the Hedge Fund, the connector automatically inserts the fund allocations into the Deutsche Bank trading systems.

To achieve the required business benefits, a bespoke solution was required to link Deutsche Bank to T-Zero providing:

Coverage for CDS Single Names & CDS Indexes.
Coverage for core Deutsche Bank CDS workflow including new trades & trade amendments, as well as automated fund allocation insertion into Deutsche Bank systems.
A robust architecture with guaranteed message delivery within the very tight timescales required by the two platforms.
A solution with minimal configuration required for each additional client added to the Deutsche Bank systems.
The Solution
As a service provider with excellent domain knowledge in the Credit Derivatives area combined with a deep knowledge of the T-Zero messaging API, Digiterre was engaged to develop and implement the Deutsche Bank connector. This included specification, prototyping, development and testing.

The Technology
Java 1.4 on UNIX:

Connector implements T-Zero messaging API
A multi-threaded asynchronous solution was required owing to the time sensitive and event driven nature of the platforms
Digiterre worked closely with both Deutsche Bank and T-Zero throughout the development ensuring the Connector was integrated with the latest versions of the API and internal Deutsche Bank best practices were being followed. Regular reviews were carried out involving all three parties throughout the process, which helped to ensure that the project met the requirements of the business.
 

Deutsche Bank and Tzero      4-May-08 04:42 am     http://www.digiterre.com/what-we-do/solu...

Tzero is an subsidiary of Creditex Group. Creditex Brokerage and Tzero are the most valuable parts of Creditex Group.

Internet Capital owns 15% of Creditex Group. Worth of Creditex Group = 2 billion and the worth of 15% of Internet Capital = 300 million.  
 

In the last quarter-report you could read: "ICG reported consolidated revenue of $14.1 million for the fourth quarter of 2007."

What is the message of this numbers? This 14.1 million are the revenues of ICGCommerce, because only two companies of Internet Capital are consolidated and therefore part of the numbers of Internet Capital; ICGCommerce (ownership = 65%) and Investorforce (ownership = 80%). But after a sale of big parts of his activities Investorforce is without revenues and the 14.1 million are totatly revenues of ICGCommerce.

In the result the revenues of ICGCommerce will be about 65 million in 2008. If we take only a low multiple of 4, the worth of ICGCommerce = 260 million and the worth of 65% of Internet Capital on ICGCommerce = 169 million. If we take a multiple of 5, the worth of the 65% of Internet Capital on ICGCommerce = 211 million.  

I hope, Buckley will present result of his speaking with 6 companies     20 second(s) ago     CEO: Internet Capital Group in discussions with acquisition targets

Will Atkinson | Nov 01, 2007 12:04pm EDT | User Rating N/A

Internet Capital Group, Inc. (Nasdaq: ICGE) CEO Walter Buckley said the company, which acquires and builds Internet software businesses, is in “deep discussions” with several potential acquisition targets and expects to complete at least one deal before the end of the year. Buckley made the comments during a morning conference call.

“As excited and optimistic as we are about the market, we remain disciplined in terms of valuation,” Buckley said. “We feel there are ample opportunities to build great businesses, but being patient and disciplined will pay off in the long run.”

The chief executive warned, however, that Internet Capital Group walked away from several deals this year, out of valuation concerns. During the first nine months of the year, Buckley said the Wayne, Penn.-based company evaluated 200 companies, took a closer look at 100 companies and is now in serious discussions with six firms. Internet Capital Group learns about these companies through a network of entrepreneurs, early-stage investors and regional brokers, Buckley said.

“The on-demand sector continues to grow and our pipeline of deal opportunities remains strong,” he said. “Through the combination of these elements, we believe we are well-positioned to build and deliver long-term shareholder value over the next several years.
 

http://www.livermorereport.com/blogs/newipos/...business-journal.aspx