عزيززز
22-10-2003, Wed 2:24 AM
وصلني معلومات شبه كامله عن هذه الشركه
_____________________________________
StreetInsider.com new company spotlight is Internet Capital Group, Inc. (Nasdaq:
ICGE). ICG is a uniquely positioned information technology holding company that
operates through a network of partner companies to deliver software and service
solutions to customers. The Company is well positioned to benefit as corporate
technology spending rebounds. As the IPO markets re-open, significant
opportunities will emerge for ICG's partner companies and ultimately ICG. The
Company has made considerable progress in its three pronged strategy to improve
results. ICG has increased its ownership percentage of its most promising
companies, improved execution to move partner companies closer to cash flow
positive, and strengthened its financial position.
*******************
About The Company:
*******************
Internet Capital Group is an information technology holding company that
develops and delivers software solutions and services designed to enhance
business operations. Businesses utilize ICG’s partner companies’ products
and services to increase efficiency, reduce costs and improve sales results.
Simply put, ICG develops business-to-business (B2B) solutions. ICG operates
through a network of 33 partner companies in varying developmental stages that
deliver these business solutions to customers. To help drive partner company
progress, ICG provides operational assistance, capital support, industry
expertise, access to operational best practices, and a strategic network of
business relationships.
A Pioneer in B2B –
ICG has spent more than five years putting together an exceptional management
team, deep industry expertise, and a powerful network of partner companies. By
focusing its human and financial resources on companies with the highest
potential to impact stockholder value, ICG’s primary goal remains to build and
develop business-to-business companies that can obtain, or are already at,
leadership positions in their respective markets. In order to provide continued
support to these leading companies, ICG maintains a disciplined allocation
process designed to maintain and improve long-term financial flexibility.
Basically, ICG has survived the carnage among Internet companies in recent years
and has a stable of partner companies that stand to benefit as business
continuing adopting B2B solutions.
Attractive Business Models –
ICG’s partner companies are characterized by business models emphasizing
scalability, growing profit margins as revenues grow, a generally high level of
recurring revenue resulting in increased predictability, and high switching
costs for customers. As these partner companies’ products and services become
integrated in a business’ operations, the more predictable the revenues become
and the harder it is to be displaced given the high switching costs. The
downside to the high switching costs is a generally longer selling cycle,
especially during periods of economic weakness or cutbacks in IT spending.
Conversely, ICG’s partner companies could benefit from growing economic
strength and increased IT spending.
Impressive Client List –
If one is truly known by the company one keeps, ICG is well positioned. ICG’s
partner companies’ client lists include a significant number of the
country’s largest and best known companies, including JP Morgan, Boeing,
American Express, Capital One, Citicorp, EDS, Ericsson, Ford, General Motors,
The Home Depot, Nextel, Pharmacia, Publix Supermarkets, Shell Oil, SIAC, State
Street Bank, Total Systems, and UBS Warburg, just to name a few.
Improving Financials –
ICG’s financials are often difficult to dissect as it does not reveal much
information about its privately held companies, although four of its companies
are public (EMRG, VERT, UAXS, and ONVI). The Company indicates progress at its
core private partner companies by disclosing consolidated revenue and EBITDA
figures. ICG does not own 100% of these core partner companies and presents
these figures only as a reference point. In 2002, private core partner company
revenues increased 14% over the prior year and EBITDA improved 76% during the
year. This trend continued in the most recent quarter with revenue and EBITDA
losses at ICG’s core private companies showing additional improvement.
Revenue at these same core companies increased 7% during the second quarter to
$92 million. Even more impressive is the reduction in EBITDA losses, which
improved over 75% to a $3 million loss from a $13 million loss the prior year.
Not profitable yet, but getting considerably closer.
Reducing Debt –
ICG has been reviewing various alternatives to manage its outstanding
convertible notes, including potentially refinancing, restructuring, exchanging
debt-for-equity and repurchasing the notes. Since 2001, ICG has reduced its debt
by more than 44% to $267 milllion, saving more than $11.7 million in annual
interest expense. The Company has stated it expects to reduce this number even
further. Additional debt reduction efforts could address the concern about the
Company’s ability to service its debt that appears to be weighing on the stock
price.
***********************
Investment Highlights:
***********************
- As of June 30, the Company had cash and cash equivalents of nearly $90 million
dollars versus a current market-cap of $134 million.
- The sum of the parts may be worth considerably more than the whole. The
market value of ICG’s ownership in publicly traded companies alone is worth an
estimated $22 million. This is only four out of the over 30 companies in which
ICG has an ownership stake. While ICG’s partner companies are in varying
stages of development, the stock could be viewed as assigning most of the value
to promising companies and an option value on the emerging companies.
- ICG is well positioned to benefit as corporate technology spending rebounds.
ICG’s partner companies provide business solutions utilizing technology to
improve efficiencies, reduce expenses, or grow sales. These partner companies
stand to benefit from the ongoing need for businesses to drive profit growth,
especially as economic conditions improve and businesses grow increasingly
confident in their outlook to invest in technology.
- ICG is focusing on the growth of their core companies while controlling costs.
The Company has cut its corporate cash expenditures roughly in half, to
approximately $10 million per year. This has the dual potential to reduce cash
usage while driving a faster earnings and EBITDA growth as more of ICG’s
partner companies reach cash flow positive or grow profits.
- The IPO market should eventually re-gain strength, which could create
significant opportunities for ICG's portfolio companies and ultimately ICG. The
Company has over 30 companies in varying stages of development. Some of these
companies could access the public market through an IPO. In fact, three of
ICG’s partner companies have generated positive cash flow over the past four
consecutive quarters and could be prime candidates.
- ICG recently hired Investor Relations International (IRI) to raise investor
awareness of the Company and the progress it has made.
- ICG retained its Nasdaq listing, removing a potential negative overhanging the
stock.
- ICG's portfolio company, LinkShare Corporation, was named New York's #1
fastest growing technology company In Deloitte & Touche 'Fast 50' program for
the second consecutive year
************************
Recent News of Interest:
************************
Oct. 14 -- Internet Capital Group, Inc. (Nasdaq: ICGE) announced its receipt of
notice from the Nasdaq Stock Market regarding the continuation of its listing
status on the Nasdaq SmallCap Market.
Sept. 26 -- For the second year in a row, LinkShare Corporation, the leader in
performance-based marketing, has been awarded the highest ranking in Deloitte &
Touche's prestigious Technology Fast 50 program for the New York area, a list of
the top 50 fastest growing technology companies in the region by Deloitte &
Touche LLP, one of the nation's leading professional services firms. LinkShare
is the only company in the program's history to have received the highest
ranking for 2 consecutive years.
Aug. 7 -- Internet Capital Group, Inc. (Nasdaq: ICGE) reported its results for
the second quarter ended June 30, 2003.
The Company reported a net loss for the quarter of $(26) million, or $(0.09) per
share versus a net loss of $(13) million, or $(0.05) per share, for the
corresponding 2002 period. The 2003 period was negatively impacted by $7 million
in impairment and restructuring charges. The 2002 period was positively impacted
by $63 million in gains associated with the repurchase of convertible notes,
offset by $34 million in impairment and restructuring charges. ICG reported
consolidated GAAP revenue of $24 million for the quarter versus $26 million for
the comparable 2002 period.
For the six month period ended June 30, 2003, ICG reported a net loss of $(44)
million, or $(0.16) per share versus a net loss of $(75) million, or $(0.27) per
share for the corresponding 2002 period. ICG reported consolidated GAAP revenue
of $49 million for the six months ended June 30, 2003 versus $50 million for the
corresponding 2002 period.
************************************
Partner Companies (% owned by ICG):
************************************
Core Companies:
Blackboard, Inc. (15%)
CommerceQuest, Inc. (80%)
CreditTrade, Inc. (30%)
eCredit.com (42%)
eMerge Interactive, Inc. (Nasdaq: EMRG) (18%)
Freeborders (48%)
GoIndustry AG (31%)
ICG Commerce Holdings, Inc. (75%)
Investor Force Holdings (38%)
iSky, Inc.(25%)
LinkShare Corporation (40%)
Marketron International, Inc. (40%)
OneCoast Network Holdings, Inc. (97%)
StarCite, Inc. (22%)
Syncra Systems, Inc. (31%)
Universal Access Global Holdings, Inc. (Nasdaq: UAXS) (9%)
Verticalnet, Inc. (Nasdaq: VERT) (16%).
Emerging Companies:
Agribuys, Inc. (27%)
Anthem/CIC Venture Fund LP (9%)
Arbinet-thexchange, Inc. (2%)
Captive Capital Corp. (5%)
Citadon, Inc. (2%)
ClearCommerce Corporation (11%)
ComputerJobs.com, Inc. (46%)
Co-nect, Inc. (36%)
Emptoris, Inc. (11%)
Entegrity Solutions Corporation (2%)
FuelSpot.com 9%)
Jamcracker, Inc. (2%)
Strategic Consulting, and Systems Integration Mobility Technologies, Inc. (3%)
Onvia.com, Inc. (Nasdaq: ONVI) (22%)
Tibersoft Corporation (5%).
************************************************** ***
DISCLAIMER:
This profile is an advertisement on behalf of Internet Capital Group, Inc. whose
articles and/or information appears herein and may not be construed as
investment advice. All articles, notices, and other information contained herein
concerning Internet Capital Group, Inc. is a paid advertisement by Investor
Relations International which has retained The Street Insider.Com Inc. to
produce this advertisement. The information contained herein is based upon
sources which we consider reliable but is not guaranteed by The Street
Insider.Com Inc. or its officers, employees or affiliated partners.
The Street Insider.Com Inc. provides information only, this is not meant to be a
recommendation to buy or sell the profiled security, nor is this an offer to buy
or sell the security. The publishers of The Street Insider.Com are not
investment advisors and are not acting in any way to influence the purchase or
sale of the security. Before purchasing or selling any security profiled, it is
encouraged and recommended that you consult a stockbroker or other registered
financial advisor. The reader must understand that the companies we select
involve a high degree of investment risk. Potential investors must understand
that they may lose all or a portion of their investment due to the risk
involved.
The Street Insider.Com Inc. does not guarantee the accuracy or completeness of
the information displayed in the company spotlight section of our web site. By
viewing the information displayed in our company spotlight section of our web
site you understand that The Street Insider.Com Inc. is not liable for any
losses, damages, monetary or otherwise, that may occur due to the content of
this profile.
PAST PERFORMANCE MAY NOT BE INDICATIVE OF FUTURE PERFORMANCE
SEC compliance - In order to be in full compliance with the Securities Act of
1933, Sec. 17(b), The Street Insider.Com Inc. has received a total of $4000 as
compensation from Investor Relations International. These shares/monies received
have been accounted for as advertising fees for displaying Internet Capital
Group, Inc.'s corporate information to our visitors/members. The Street
Insider.com Inc. also reserves the right to purchase or sell shares of the
company's stock on a voluntary basis in the open market during or after the
profiled period.
Information displayed in our company spotlight section of our web site contain
forward looking statements within the meaning set forth in Sec. 27 (a) of the
Securities Act of 1933 and section 21 (e) of the Securities Exchange Act of
1934. Forward looking statements can be based on estimates, projections, and
expectations. These forward looking statements may involve uncertainties and
risks.
PLEASE DO YOUR OWN DUE DILIGENCE BEFORE INVESTING IN ANY PROFILED COMPANY.
Invest carefully and avoid internet scams! We encourage you to read the
information available at the SEC web site @ http://www.sec.gov and/or the
information at the NASD web site @ http://www.nasd.com
_____________________________________________
بإمكانكم الترجمه عن طريق المسبار او اي موقع ولكن حبيت انقل لكم المعلومات مثل ما وصلتني
________________________________________
والحقيقه ان المعلومات تؤكد ضخامة هذه الشركه
ولكن متى ترتفع ؟؟؟
السهم بحاجه للمتابعه
شارت 6 شهور
_____________________________________
StreetInsider.com new company spotlight is Internet Capital Group, Inc. (Nasdaq:
ICGE). ICG is a uniquely positioned information technology holding company that
operates through a network of partner companies to deliver software and service
solutions to customers. The Company is well positioned to benefit as corporate
technology spending rebounds. As the IPO markets re-open, significant
opportunities will emerge for ICG's partner companies and ultimately ICG. The
Company has made considerable progress in its three pronged strategy to improve
results. ICG has increased its ownership percentage of its most promising
companies, improved execution to move partner companies closer to cash flow
positive, and strengthened its financial position.
*******************
About The Company:
*******************
Internet Capital Group is an information technology holding company that
develops and delivers software solutions and services designed to enhance
business operations. Businesses utilize ICG’s partner companies’ products
and services to increase efficiency, reduce costs and improve sales results.
Simply put, ICG develops business-to-business (B2B) solutions. ICG operates
through a network of 33 partner companies in varying developmental stages that
deliver these business solutions to customers. To help drive partner company
progress, ICG provides operational assistance, capital support, industry
expertise, access to operational best practices, and a strategic network of
business relationships.
A Pioneer in B2B –
ICG has spent more than five years putting together an exceptional management
team, deep industry expertise, and a powerful network of partner companies. By
focusing its human and financial resources on companies with the highest
potential to impact stockholder value, ICG’s primary goal remains to build and
develop business-to-business companies that can obtain, or are already at,
leadership positions in their respective markets. In order to provide continued
support to these leading companies, ICG maintains a disciplined allocation
process designed to maintain and improve long-term financial flexibility.
Basically, ICG has survived the carnage among Internet companies in recent years
and has a stable of partner companies that stand to benefit as business
continuing adopting B2B solutions.
Attractive Business Models –
ICG’s partner companies are characterized by business models emphasizing
scalability, growing profit margins as revenues grow, a generally high level of
recurring revenue resulting in increased predictability, and high switching
costs for customers. As these partner companies’ products and services become
integrated in a business’ operations, the more predictable the revenues become
and the harder it is to be displaced given the high switching costs. The
downside to the high switching costs is a generally longer selling cycle,
especially during periods of economic weakness or cutbacks in IT spending.
Conversely, ICG’s partner companies could benefit from growing economic
strength and increased IT spending.
Impressive Client List –
If one is truly known by the company one keeps, ICG is well positioned. ICG’s
partner companies’ client lists include a significant number of the
country’s largest and best known companies, including JP Morgan, Boeing,
American Express, Capital One, Citicorp, EDS, Ericsson, Ford, General Motors,
The Home Depot, Nextel, Pharmacia, Publix Supermarkets, Shell Oil, SIAC, State
Street Bank, Total Systems, and UBS Warburg, just to name a few.
Improving Financials –
ICG’s financials are often difficult to dissect as it does not reveal much
information about its privately held companies, although four of its companies
are public (EMRG, VERT, UAXS, and ONVI). The Company indicates progress at its
core private partner companies by disclosing consolidated revenue and EBITDA
figures. ICG does not own 100% of these core partner companies and presents
these figures only as a reference point. In 2002, private core partner company
revenues increased 14% over the prior year and EBITDA improved 76% during the
year. This trend continued in the most recent quarter with revenue and EBITDA
losses at ICG’s core private companies showing additional improvement.
Revenue at these same core companies increased 7% during the second quarter to
$92 million. Even more impressive is the reduction in EBITDA losses, which
improved over 75% to a $3 million loss from a $13 million loss the prior year.
Not profitable yet, but getting considerably closer.
Reducing Debt –
ICG has been reviewing various alternatives to manage its outstanding
convertible notes, including potentially refinancing, restructuring, exchanging
debt-for-equity and repurchasing the notes. Since 2001, ICG has reduced its debt
by more than 44% to $267 milllion, saving more than $11.7 million in annual
interest expense. The Company has stated it expects to reduce this number even
further. Additional debt reduction efforts could address the concern about the
Company’s ability to service its debt that appears to be weighing on the stock
price.
***********************
Investment Highlights:
***********************
- As of June 30, the Company had cash and cash equivalents of nearly $90 million
dollars versus a current market-cap of $134 million.
- The sum of the parts may be worth considerably more than the whole. The
market value of ICG’s ownership in publicly traded companies alone is worth an
estimated $22 million. This is only four out of the over 30 companies in which
ICG has an ownership stake. While ICG’s partner companies are in varying
stages of development, the stock could be viewed as assigning most of the value
to promising companies and an option value on the emerging companies.
- ICG is well positioned to benefit as corporate technology spending rebounds.
ICG’s partner companies provide business solutions utilizing technology to
improve efficiencies, reduce expenses, or grow sales. These partner companies
stand to benefit from the ongoing need for businesses to drive profit growth,
especially as economic conditions improve and businesses grow increasingly
confident in their outlook to invest in technology.
- ICG is focusing on the growth of their core companies while controlling costs.
The Company has cut its corporate cash expenditures roughly in half, to
approximately $10 million per year. This has the dual potential to reduce cash
usage while driving a faster earnings and EBITDA growth as more of ICG’s
partner companies reach cash flow positive or grow profits.
- The IPO market should eventually re-gain strength, which could create
significant opportunities for ICG's portfolio companies and ultimately ICG. The
Company has over 30 companies in varying stages of development. Some of these
companies could access the public market through an IPO. In fact, three of
ICG’s partner companies have generated positive cash flow over the past four
consecutive quarters and could be prime candidates.
- ICG recently hired Investor Relations International (IRI) to raise investor
awareness of the Company and the progress it has made.
- ICG retained its Nasdaq listing, removing a potential negative overhanging the
stock.
- ICG's portfolio company, LinkShare Corporation, was named New York's #1
fastest growing technology company In Deloitte & Touche 'Fast 50' program for
the second consecutive year
************************
Recent News of Interest:
************************
Oct. 14 -- Internet Capital Group, Inc. (Nasdaq: ICGE) announced its receipt of
notice from the Nasdaq Stock Market regarding the continuation of its listing
status on the Nasdaq SmallCap Market.
Sept. 26 -- For the second year in a row, LinkShare Corporation, the leader in
performance-based marketing, has been awarded the highest ranking in Deloitte &
Touche's prestigious Technology Fast 50 program for the New York area, a list of
the top 50 fastest growing technology companies in the region by Deloitte &
Touche LLP, one of the nation's leading professional services firms. LinkShare
is the only company in the program's history to have received the highest
ranking for 2 consecutive years.
Aug. 7 -- Internet Capital Group, Inc. (Nasdaq: ICGE) reported its results for
the second quarter ended June 30, 2003.
The Company reported a net loss for the quarter of $(26) million, or $(0.09) per
share versus a net loss of $(13) million, or $(0.05) per share, for the
corresponding 2002 period. The 2003 period was negatively impacted by $7 million
in impairment and restructuring charges. The 2002 period was positively impacted
by $63 million in gains associated with the repurchase of convertible notes,
offset by $34 million in impairment and restructuring charges. ICG reported
consolidated GAAP revenue of $24 million for the quarter versus $26 million for
the comparable 2002 period.
For the six month period ended June 30, 2003, ICG reported a net loss of $(44)
million, or $(0.16) per share versus a net loss of $(75) million, or $(0.27) per
share for the corresponding 2002 period. ICG reported consolidated GAAP revenue
of $49 million for the six months ended June 30, 2003 versus $50 million for the
corresponding 2002 period.
************************************
Partner Companies (% owned by ICG):
************************************
Core Companies:
Blackboard, Inc. (15%)
CommerceQuest, Inc. (80%)
CreditTrade, Inc. (30%)
eCredit.com (42%)
eMerge Interactive, Inc. (Nasdaq: EMRG) (18%)
Freeborders (48%)
GoIndustry AG (31%)
ICG Commerce Holdings, Inc. (75%)
Investor Force Holdings (38%)
iSky, Inc.(25%)
LinkShare Corporation (40%)
Marketron International, Inc. (40%)
OneCoast Network Holdings, Inc. (97%)
StarCite, Inc. (22%)
Syncra Systems, Inc. (31%)
Universal Access Global Holdings, Inc. (Nasdaq: UAXS) (9%)
Verticalnet, Inc. (Nasdaq: VERT) (16%).
Emerging Companies:
Agribuys, Inc. (27%)
Anthem/CIC Venture Fund LP (9%)
Arbinet-thexchange, Inc. (2%)
Captive Capital Corp. (5%)
Citadon, Inc. (2%)
ClearCommerce Corporation (11%)
ComputerJobs.com, Inc. (46%)
Co-nect, Inc. (36%)
Emptoris, Inc. (11%)
Entegrity Solutions Corporation (2%)
FuelSpot.com 9%)
Jamcracker, Inc. (2%)
Strategic Consulting, and Systems Integration Mobility Technologies, Inc. (3%)
Onvia.com, Inc. (Nasdaq: ONVI) (22%)
Tibersoft Corporation (5%).
************************************************** ***
DISCLAIMER:
This profile is an advertisement on behalf of Internet Capital Group, Inc. whose
articles and/or information appears herein and may not be construed as
investment advice. All articles, notices, and other information contained herein
concerning Internet Capital Group, Inc. is a paid advertisement by Investor
Relations International which has retained The Street Insider.Com Inc. to
produce this advertisement. The information contained herein is based upon
sources which we consider reliable but is not guaranteed by The Street
Insider.Com Inc. or its officers, employees or affiliated partners.
The Street Insider.Com Inc. provides information only, this is not meant to be a
recommendation to buy or sell the profiled security, nor is this an offer to buy
or sell the security. The publishers of The Street Insider.Com are not
investment advisors and are not acting in any way to influence the purchase or
sale of the security. Before purchasing or selling any security profiled, it is
encouraged and recommended that you consult a stockbroker or other registered
financial advisor. The reader must understand that the companies we select
involve a high degree of investment risk. Potential investors must understand
that they may lose all or a portion of their investment due to the risk
involved.
The Street Insider.Com Inc. does not guarantee the accuracy or completeness of
the information displayed in the company spotlight section of our web site. By
viewing the information displayed in our company spotlight section of our web
site you understand that The Street Insider.Com Inc. is not liable for any
losses, damages, monetary or otherwise, that may occur due to the content of
this profile.
PAST PERFORMANCE MAY NOT BE INDICATIVE OF FUTURE PERFORMANCE
SEC compliance - In order to be in full compliance with the Securities Act of
1933, Sec. 17(b), The Street Insider.Com Inc. has received a total of $4000 as
compensation from Investor Relations International. These shares/monies received
have been accounted for as advertising fees for displaying Internet Capital
Group, Inc.'s corporate information to our visitors/members. The Street
Insider.com Inc. also reserves the right to purchase or sell shares of the
company's stock on a voluntary basis in the open market during or after the
profiled period.
Information displayed in our company spotlight section of our web site contain
forward looking statements within the meaning set forth in Sec. 27 (a) of the
Securities Act of 1933 and section 21 (e) of the Securities Exchange Act of
1934. Forward looking statements can be based on estimates, projections, and
expectations. These forward looking statements may involve uncertainties and
risks.
PLEASE DO YOUR OWN DUE DILIGENCE BEFORE INVESTING IN ANY PROFILED COMPANY.
Invest carefully and avoid internet scams! We encourage you to read the
information available at the SEC web site @ http://www.sec.gov and/or the
information at the NASD web site @ http://www.nasd.com
_____________________________________________
بإمكانكم الترجمه عن طريق المسبار او اي موقع ولكن حبيت انقل لكم المعلومات مثل ما وصلتني
________________________________________
والحقيقه ان المعلومات تؤكد ضخامة هذه الشركه
ولكن متى ترتفع ؟؟؟
السهم بحاجه للمتابعه
شارت 6 شهور