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Die Eier legende Wollmichsau gibt es doch


Beiträge: 409
Zugriffe: 41.413 / Heute: 3
NASDAQ 100 24.460,07 -0,43% Perf. seit Threadbeginn:   +1327,96%
 
Libuda:

Die Eier legende Wollmichsau gibt es doch

6
03.03.07 13:40
Auf eine konserative Anlage setzen und trotzdem große Chancen haben - und damit eine der wenigen Eier legenden Wollmilchsauen finden.

Over debt free and future-strategies  (Not rated)       3-Mar-07 05:28 am     from the last quarterly report, which show us, that Internet Capital is now a very conserative long-term-investment. That is an important reason, why every dip is a good occassion to buy.


Joseph Besecker - Emerald Asset Management

Couple of quick questions. Now, that you are debt-free, and you’ve removed that issue from the balance sheet, is there anything that you plan to do differently that you couldn’t do before?

Walter Buckley

I think, it feels good to be debt-free, and I think we felt that purchase of the bonds was a good outcome, overall. And that said, as we think about now having a very, very solid balance sheet and strong capital base, the four avenues we've been highlighting, deploying capital to existing companies whether they are for working capital or for M&A opportunities, number one. Number two, making new acquisitions; number three, improving our balance sheet, which we've certainly done over last two years, buying back $50 million of debt. And now number four, looking at either stock buybacks or distribution. The fourth one now really I think is on the table, as we really don’t have any restrictions and certainly will be a key factor in how we look at and analyze capital deployment. And so, I think that’s there is a change from our perspective.

Joseph Besecker - Emerald Asset Management

It certainly seems like there is a lot, and you've stated, there is a lot of opportunity for value recognition in 2007, and going forward, but with some of the more problem situations, are you planning to? And how do you plan to address those? And are you going to call some things out? How do you deal with the things and how do you plan to deal with things that aren't working all that well?

Walter Buckley

I think there are two things. By and large, I think across the board there is good growth. I think the only company that really didn’t see the growth we'd expect is Marketron. But other than that we are optimistic about the prospects for all remaining companies. And I think we've demonstrated where we see companies that are not taking that leadership position whether it was CreditTrade and merger in Creditex, or couple of years back into Metastorm. We will take companies that aren’t winning and try to find a proper partner for them to create really a leadership position, and we will do what we think makes sense. And if we can't do that, we will sell it.

Joseph Besecker - Emerald Asset Management

Okay.

Walter Buckley

And so really, from our perspective, time is very important, and then making the appropriate determination based on market circumstances.


Sentiment : Strong Buy

Antworten
Libuda:

Besonders wichtig sind neun Kernbeteiligungen

 
03.03.07 13:50
zu denen man alle einmal durchklicken sollte:

www.internetcapital.com/partners-core.htm
Antworten
Libuda:

Sonderpreise nutzen - noch mehr Geiz ist nicht

 
05.03.07 12:36
geil, sondern dumm.

Test it!    

In Frankfurt könnt Ihr momentan angeblich für 8,10 Euro kaufen. Wenn der Skontrenführer das zu diesem Kurs nicht ausführt, würde ich ihn verklagen.

Wer 8,02 zu 8,10 stellt, muss das auch ausführen, ansonsten manipuliert er Kurse
Antworten
Libuda:

Eier legende Wollmichsau legt noch mehr Eier

 
07.03.07 13:42
Warum wir Ende des Jahres über 20 Dollar sind    

BIG SHORT had forget to read  (Not rated)      6 second(s) ago     to read the following from the transcript of the last quarterly report:

"As the companies grow, we continue to drive progress against the backdrop of the market, a competitive landscape, and potential M&A opportunities. You will see these efforts play out at ICG Commerce and StarCite, Marketron, CreditTrade, Metastorm, and Freeborders. As these companies mature, they evolve into the next phase of the lifecycle.
Capturing value, Blackboard and LinkShare were once in the build mode, but we expect considerable amount of time and energy helping them attain their market leadership positions. Finally, when circumstances dictate, we capture value, through consolidation within ICG, an IPO, or a strategic sale or merger. Today, Blackboard and LinkShare are shining examples of capturing value.
Turning to slide 7, this gives you a sense of how these companies were rewarded respectively. Blackboard went public at close to a three-time trailing revenue multiple, now trades at approximately five-time trailing revenue multiple. LinkShare was sold for $425 million, close to a nine-time trailing revenue multiple.
Mapping out our current Core companies against this lifecycle, Slide 8 illustrates where our companies are currently staged. Some of our more mature companies are applying for capturing value over the next 12 to 24 months. They are proven leaders in their respective markets with healthy revenues and strong margins. ICG Commerce, StarCite, Creditex, Metastorm and Marketron and slightly further out, Freeborders, a company you should pay close attention to.
We believe that from this group, significant value will be created and captured as a number of the companies will liquidate over the next 12 to 24 months

Antworten
Libuda:

Meines Erachtens Anschnallen angesagt

 
09.03.07 10:20
Ich bin der Auffassung, dass es mit einem Anstieg sehr schnell gehen kann. Das momentane Dip ist meines Erachtens vor allem durch zusätzliches Shortselling ausgelöst worden, das zuletzt (letzte vorliegende Daten vom 15.2.07) auf dem Rekordniveau von 12% war - und das bei zusätzlich 71.5% Anteil von Institutionals. Ich vermute hinter den zusätzlichen Leerverkäufen nichts anderes als den verzweifelten Versuch des Shortsellers eine Lawine loszutreten, damit der doch mit einem blauen Auge beim Eindecken davonkommt.

Das wird aber meines Erachtens nicht funktioniernen, da auf der Gegenseite keine zittrigen privaten Hände sind. Auch die Hoffnung, dass ein engagierter Hedge verkaufen muss, scheint sich nach den Umsätzen nach nicht zu bestätigen. Und so werden die Fundamentals Beachtung finden. Und hinzu kommt, dass auch das Management nicht mehr so offensichtlich mauern kann, seit der Hedge-Fund Mason Capital ihm die gelbe Karte gezeigt hat, zumindest das folgende aus dem Conference Call deutet darauf hin:



"Capturing value, Blackboard and LinkShare were once in the build mode, but we expect considerable amount of time and energy helping them attain their market leadership positions. Finally, when circumstances dictate, we capture value, through consolidation within ICG, an IPO, or a strategic sale or merger. Today, Blackboard and LinkShare are shining examples of capturing value.

Turning to slide 7, this gives you a sense of how these companies were rewarded respectively. Blackboard went public at close to a three-time trailing revenue multiple, now trades at approximately five-time trailing revenue multiple. LinkShare was sold for $425 million, close to a nine-time trailing revenue multiple."



Ich glaube, dass die Mutitples von Blackboard und Linkshare representativ sind, zumindest für die fünf großen Private Held von Internet Capital. Der Durchschnitt von Linkshare und Blackboard ist in etwa ein Kurs-Umsatz-Verhältnis von 6,5.

Meine Schätzungen:

ICGCommerce = 4.5-times-revenues (revenues in 07 = 50 million, ownership = 66%)

Freeborders = 12-times-revenues (revenues in 07 = 50 million, ownership = 34%)

Starcite = 8-times-revenus (revenues in 07 = 60 million, ownership = 26%)

Creditec = 4.5-times-revenues (revenues in 07 = 180 million, ownerhship = 15%)

Metastorm = 4.5-times-revenues (revenues in 07 = 50 million, ownership = 41%)



Antworten
Libuda:

Internet Capital hat 66% von ICGCommerce

 
09.03.07 13:17
Growth - but patience need in the market of ICGCommerce  (Not rated)       8-Mar-07 10:11 am     FAO Today: January 2007


Procurement BPO: A Look at Factors Impeding the Growth of this “BPO Baby”

Provider capabilities and client clarity all affect how the indirect procurement market is developing.

By Rachael Stormonth

The market is waking up to the notion of indirect procurement being one of the “new babies” of BPO. The number of procurement BPO contract signings was higher in 2006 than in 2005, and the renewal of major longstanding contracts such as Lucent’s with Ariba sends out a positive signal. However, it will take some time for this to be a complete success story.

The number of new contract signings was not a massive increase and a less-than-happy client in another major outsourcing contract is not good news. Also, a few contract negotiations have broken down; sometimes, the service provider has walked away (sensibly) because the required business benefits within scope are not achievable. NelsonHall does not expect a major ramp up until 2008 when, hopefully, some of the following factors impeding market growth will have been addressed:


• Vendor propositions not fully aligned with buy-side pain points. NelsonHall global buy-side research shows a slight mismatch between some provider propositions and buy-side pain points. Organizations typically don’t see maverick spend as an issue and also believe they have achieved favorable supplier discounts in most commodities.

• Some service providers regard procurement as an adjunct to accounts payable. But organizations are looking for access to expertise and best practice. Providers need to fully appreciate the deep market and procurement process knowledge across a wide range of categories, sectors, and organization types, and they need to understand the change management needed.


• Sub-optimal contracts being signed. The greatest benefits will be seen in a full source-to-pay contract, but there are very few of these contracts in the market. Most new signings are still source-to-contract or procure-to-pay awards. This is partly due to supplier capability; in particular providers with an F&A background may have limited sourcing expertise. IBM is a major exception to this.


• Too strong a focus on technology. It is not always necessary to deploy a heavy new system to transform the procurement function when perhaps putting in a procurement portal and an analytics tool on top of the client’s ERP backbone can suffice.

Antworten
Libuda:

Fortseztzung des vorstehenden Artikels

 
09.03.07 16:14
Re: Growth - but patience need in the market of ICGCommerce  (Not rated)       8-Mar-07 10:13 am     Continue of my last posting:
• Immaturity of indirect procurement shared services/fragmented buying. The majority of organizations perceive that they need to have developed internal shared-services centers to manage the sourcing and procurement of indirect goods and services prior to outsourcing, but most have not reached this level of maturity.

• Contract negotiations: recognize the issues, focus on the outcomes, consider alternative solutions.


Contract negotiations for procurement BPO can stall. One truism is that the organization should be clear to all the internal issues that have contributed to its decision to outsource. Areas where contract negotiations can be protracted include savings definition, SLAs, and gainshare arrangements. Organizations should be wary of a service provider claiming to be able to deliver substantial savings before it has done adequate due diligence. Vendors who “over promise” tend to “under deliver.” Another truism is that the level of savings ultimately achieved from outsourcing will always be different from what had been targeted.


While organizations should clearly specify what is in-scope, they should also be willing to listen to a service provider’s proposals for offering a service that might better help achieve the goals of the contract. Some of the factors listed above have been seen in other forms of BPO during the early adopter phase; none of them are insurmountable.


That the indirect procurement BPO market will continue to grow is without doubt, but for it to enter the BPO mainstream, vendors need to possess both a clear appreciation of organizations’ priorities in seeking to improve their indirect procurement operations and capabilities to support this.


It remains to be seen whether organizations will opt more for standalone procurement BPO or a wider back-office outsource. Although 50 percent of organizations say they are highly willing to outsource indirect procurement to a vendor currently providing them with F&A or HRO services, right now the tendency is to separate F&A BPO from procurement BPO awards. A recent example is the separate contracts signed by Kimberly-Clark with Genpact (F&A) and with ICG Commerce (procurement).

Antworten
Libuda:

Wachstumszeichen

 
11.03.07 10:59
Wie gut ICGCommerce lauft, die zusammen mit Freeborders die wichtigste Beteiligung von Internet Capital sein dürfte, kann man besonders gut an den Stellenausschreibungen erkennen. Von der Gesamtbeschäftigtenzahl her dürfte ICGCommerce nicht mehr weit von 500 entfernt sein. Freeborders ist allerdings noch größer, denn neben den ca. 250 Beschäftigten in den USA wollen die China noch 2007 bei 2.000 Beschäftigten angelangt sein.

Re: Growth - but patience need in the market of ICGCommerce  (Not rated)       9-Mar-07 07:10 am     Look at this sign for strong growth:

Jobs 1 to 25 of 25 Show Jobs Posted: Last 24 hoursLast 3 daysLast 7 daysLast 14 daysLast 30 daysLast 60 daysAll Jobs

View: Brief | Detailed

Date Job Title Location

Mar 8 PROCUREMENT MANAGER
US-PA-King of Prussia

Mar 7 Commodity Manager - Travel
US-NJ-Basking Ridge

Mar 7 Travel Procurement Analyst/Associate
US-NJ-Basking Ridge

Mar 7 Market Information Analyst / Associate
US-PA-King of Prussia

Mar 7 Sourcing Associate/Manager for IT/Telecommunication
US-TX-Arlington

Mar 7 Sourcing Associate IT/Telecommunication
US-PA-King of Prussia

Mar 5 Market Information Analyst / Associate
US-PA-King of Prussia

Feb 28 Professional Services Sourcing Manager
US-PA-King of Prussia

Feb 28 Supply chain Analyst/Associate
US-PA-King of Prussia

Feb 28 Consulting Associate
Text zur Anzeige gekürzt. Gesamtes Posting anzeigen...


US-PA-King of Prussia, PA

Feb 28 Logistics Associate/Manager
US-PA-King of Prussia

Feb 27 MRO Buyer
US-PA-King of Prussia

Feb 23 IT Buyer
US-PA-King of Prussia

Feb 16 Specialist

US-PA-King of Prussia

Feb 16 Buyer
US-PA-King of Prussia

Feb 7 Category Analyst
US-OH-Akron

Feb 7 Customer Service Specialist
US-PA-King of Prussia

Feb 7 Consulting Analyst / Associate
US-PA-King of Prussia

Feb 7 Sourcing Associate IT/Telecommunication
US-WI-Appleton

Feb 5 Category Management Associate – Retail Store Supplies & Services -- Automotive
US-OH-Akron

Jan 16 MRO Commodity Analyst
US-WI-Appleton

Jan 12 Strategic Sourcing Marketing Category Associate
US-WI-Appleton

Jan 12 MRO Category Manager
US-WI-Green Bay/Appleton

Jan 12 Senior Recruiter
US-PA-King of Prussia

Jan 12 Analyst MRO Category Management
US-WI-Green Bay/Appleton


Jobs 1 to 25 of 25


Sentiment : Strong Buy

Antworten
Libuda:

Buy-Time

 
14.03.07 14:18
What a market cap of 395 million is  (Not rated)      6 minutes ago     If we subtract the 170 million cash and marketable securities the result is 225 million for all private held companies.

For example, that could mean that the ownership on the great five private held companies ICGCommerce, Starcite, Creditex, Freeborders and Metastorm is only 45 million worth - and the lot of other companies are free of charge: Marektron, VCommerce, Whitefence, Channel Intelligence, InvestorForce, Anthem Venture, Emptoris and other.

Only idiots like BIG SHORT and his friends, who increase her shortselling positions in the last days from 3.6 million to about 5 million, believe such nonsense.


Antworten
Libuda:

Ein Beispiel für die wahnwitzige Unterbewertung

 
14.03.07 14:24
Re: What a market cap of 395 million is  (Not rated)      10 minutes ago     Take the example ICGCommerce.

ICGCommerce is the worldwide leader of outsourcing of procurement - a booming market.

Revenues in 2006 was about 40 million, the growth-rate is about 30% and the company has about 400 employers. Revenues in 2007 will be about 50 million.

By 4.5-times revenues worth of ICGCommerce is 225 million and the 66% have a worth of 148 million - not only 45 million.


Sentiment : Strong Buy

Antworten
Libuda:

Wer zu spät denn bestraft der Shortsquezze

 
14.03.07 16:07
Re: What a market cap of 395 million is  (Not rated)      14-Mar-07 09:23 am     Take the example Starcite.

Starcite is the worldwide greatest electronic booking-systems for meetings. Revenues in 2006 was more than 40 million and the growth-rate is aobut 50%. Revenues in 2007 will be about 60 million.

By 8-times-revenues the worth of Starcite = 480 million and the 26% of Starcite has an worth of 125 million - not only 45 million.


Sentiment : Strong Buy

Antworten
Libuda:

Der Shortsquezze wird weitergehen

 
14.03.07 22:35
die kleine Unterbrechung ist ein Nonevent - und man sollte schon dabei sein.

WhiteFence Raises $14 Million in Second Round of Funding  (Not rated)      14-Mar-07 02:44 pm     WhiteFence Raises $14 Million in Second Round of Funding Led by Adams Street Partners and Internet Capital Group
Wednesday March 14, 2:29 pm ET


HOUSTON--(BUSINESS WIRE)--Executives at WhiteFence, the nation's leading online comparison shopping marketplace for residential home services, announced today that it has raised $14 million in second round funding led by new investor Adams Street Partners, in addition to Internet Capital Group, Inc. (NASDAQ:ICGE - News). The Company received its first round of funding, led by Internet Capital Group, Inc., in November 2005.
ADVERTISEMENT


WhiteFence (www.whitefence.com) is the leading online one-stop comparison marketplace for consumers looking to compare and order essential home services including electricity, natural gas, home phone, high-speed Internet, cable and satellite television and more. WhiteFence allows the 110 million households across the United States to easily compare and buy services from hundreds of providers.

"Having been attracted to WhiteFence and its business model for some time, we are honored to lead the Company's second round of funding and committed to helping WhiteFence achieve its goals," said Matt Crisp, Partner at Adams Street Partners.

Added Internet Capital Group Chief Executive Officer Walter Buckley, "We're excited about the opportunity to further our financial commitment to WhiteFence and provide its leadership team with the resources needed to continue its impressive growth."

In 2006, WhiteFence processed more than 1.2 million transactions through www.WhiteFence.com as well as privately-labeled channel partner Web sites in the multifamily, real estate brokerage, relocation, energy and communications industries.

"This second round of funding further indicates the confidence our investors have in our business model and vision," said Eric Danziger, WhiteFence's CEO. "We will continue to focus on creating an outstanding customer experience while accelerating our expansion into new service categories."

About 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. WhiteFence's proprietary transaction engine makes it easy for all 110 million U.S. households, including movers, to find the best deals and conveniently set up their home services in minutes.

About Adams Street Partners

Adams Street Partners is widely regarded as one of the most experienced and respected firms in the private equity industry. Together with its predecessor organizations (First Chicago, Brinson Partners) ASP's sole focus since 1972 is providing private equity investment advisory services through direct investments in portfolio companies and investments in partnerships -- both primary and secondary -- worldwide.

About Internet Capital Group

Internet Capital Group (www.internetcapital.com) acquires and builds Internet software companies that drive business productivity and reduce transaction costs between firms. Founded in 1996, ICG devotes its expertise and capital to maximizing the success of these platform companies that are delivering on-demand software and service applications to customers worldwide.

Antworten
Libuda:

Kaufen, Schlattabletten einnehmen, aufwachen

 
14.03.07 23:56
und reich sein - bei einer Aktie wie Internet Capital geht das Rezept von Kosto, der das jetzt sicher im Himmel liest, auch heute noch auf - selbst wenn das mit der Kursexplosion vielleicht schon beim Einschlafen passiert, so "brenzlich" ist das:



Take a look on the real world:

Antworten
Libuda:

Das hatte ich vergessen anzuhängen

 
14.03.07 23:59
February 2007
ShortInterest PercentChange Average DailyShare Volume Days toCover
ICGE Internet Capital Group, Inc. - Common Stock 4,482,584 23.16 330,386 13.57


January 2007
ShortInterest PercentChange Average DailyShare Volume Days toCover
ICGE Internet Capital Group, Inc. - Common Stock 3,639,584 10.55


October 2006
ShortInterest PercentChange Average DailyShare Volume Days toCover
ICGE Internet Capital Group, Inc. - Common Stock 3,136,996 (0.86) 263,355 11.91


May 2006
ShortInterest PercentChange Average DailyShare Volume Days toCover
ICGE Internet Capital Group, Inc. - Common Stock 2,346,244 30.68 319,942 7.33


March 2006
ShortInterest PercentChange Average DailyShare Volume Days toCover
ICGE Internet Capital Group, Inc. - Common Stock 1,879,842 (7.68) 525,593 3.58

And in the mid of 2004 the short-interest was under 100,000 shares. At this momentent the idiotic BIG SHORT enter the market and lost and lost and lost money over money and will make THE LAST BIG FINAL loss in the not-too-distant-future.

In the last days the shortselling-positions increased 5 millions by 39 million outstanding shares. From this 39 million was hold 71.5% by instititutionals = about 30 million of the 39 million. A few million was additional from the management and the board of directors.

All, who are not stupid like BIG SHORT and his friend, had recognize, that BIG SHORT and his friend are sitting in gigantic trap - i never had seen since the trial of cornering the silver market through the Hunt-Brother. But this was 30 years ago.


   
Antworten
Libuda:

Whitefence expandiert

 
15.03.07 17:49
Internet Capital hielt bisher 39% und wird durch die Beteiligung an der jetzigen Finanzierungsrunde wohl auch seinen Anteil halten:



WhiteFence Raises $14 Million in Second Round   Libuda   15.03.07 17:43  

of Funding Led by Adams Street Partners and Internet Capital Group
Wednesday March 14, 2:29 pm ET


HOUSTON--(BUSINESS WIRE)--Executives at WhiteFence, the nation's leading online comparison shopping marketplace for residential home services, announced today that it has raised $14 million in second round funding led by new investor Adams Street Partners, in addition to Internet Capital Group, Inc. (NASDAQ:ICGE - News). The Company received its first round of funding, led by Internet Capital Group, Inc., in November 2005.

WhiteFence (www.whitefence.com) is the leading online one-stop comparison marketplace for consumers looking to compare and order essential home services including electricity, natural gas, home phone, high-speed Internet, cable and satellite television and more. WhiteFence allows the 110 million households across the United States to easily compare and buy services from hundreds of providers.

"Having been attracted to WhiteFence and its business model for some time, we are honored to lead the Company's second round of funding and committed to helping WhiteFence achieve its goals," said Matt Crisp, Partner at Adams Street Partners.

Text zur Anzeige gekürzt. Gesamtes Posting anzeigen...


Added Internet Capital Group Chief Executive Officer Walter Buckley, "We're excited about the opportunity to further our financial commitment to WhiteFence and provide its leadership team with the resources needed to continue its impressive growth."

In 2006, WhiteFence processed more than 1.2 million transactions through www.WhiteFence.com as well as privately-labeled channel partner Web sites in the multifamily, real estate brokerage, relocation, energy and communications industries.

"This second round of funding further indicates the confidence our investors have in our business model and vision," said Eric Danziger, WhiteFence's CEO. "We will continue to focus on creating an outstanding customer experience while accelerating our expansion into new service categories."

About 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. WhiteFence's proprietary transaction engine makes it easy for all 110 million U.S. households, including movers, to find the best deals and conveniently set up their home services in minutes.

About Adams Street Partners

Adams Street Partners is widely regarded as one of the most experienced and respected firms in the private equity industry. Together with its predecessor organizations (First Chicago, Brinson Partners) ASP's sole focus since 1972 is providing private equity investment advisory services through direct investments in portfolio companies and investments in partnerships -- both primary and secondary -- worldwide.

About Internet Capital Group

Internet Capital Group (www.internetcapital.com) acquires and builds Internet software companies that drive business productivity and reduce transaction costs between firms. Founded in 1996, ICG devotes its expertise and capital to maximizing the success of these platform companies that are delivering on-demand software and service applications to customers worldwide.

 
Antworten
Libuda:

Einfach mal durchlesen

 
17.03.07 16:36
www.internetcapital.com/pdf/presentations/...estpres112806.pdf

weil man sonst tatsächlich eine der Eier legendenden Wollmilchsäue verpasst, die noch seltener sind als die berühmte Stecknadel im Heuhaufen.
Antworten
Libuda:

Doppelchancen

 
18.03.07 18:41
Zusatzgewinne bei US-AKtien durch einen sinkenden Euro-Kurs werden meines Erachtens die US-Aktien-Besitzer in Euroland positiv überraschen.

Börsen sind immer nur auf kürzere Sicht unlogisch - allerdings ist diese kürzere Sicht auf den einzelnen Märkten unterschiedlich lang - und auf den Devisenmärkten besonders lang. Daher habe ich fast noch nie ausschließlich mit Devisen spekuliert. Allerdings ist es manchmal erforderlich, auch bei anderen Anlagen Devisenkurse mit ins Kalkül zu ziehen, z.B. bei US-Aktien. Wenn hier der Anlagezeitraum lang genug ist - und das sollte er bei einem Investor sein (von Zocken halte ich nichts, von technischer Analyse entsprechend auch nichts - sodass viele jetzt schon nicht mehr weiterlesen müssen)- kann man durchaus auch hier mit rationalem Kalkül an die Sache herangehen. Ich habe beispielsweise nicht vor, in diesem Jahr und auch nicht vor Herbst 2008, meinen Dollarwerten auszusteigen - dann muss ich wohl, um vor dem Inkrafttreten des Steinbrück-Koch-Unfugs in Sachen Aktienbesteuerung rechtzeitig steuerschonend stärker zu diversifizieren. Und für ein derartiges Zeitfenster kann man sogar für die Devisenkurse, dem verrücktesten Markt überhaupt, bestimmte Prognosen machen. Die simpelste These ist: Liegt der Euro-Kurs über seiner Kaufkraftparität, wirken Kräfte, die ihn in einem von keinem vorhersagbaren Zeitraum wieder dorthin bringen. Liegt also der Euro-Kurs wie momentan weit über der Kaufkraftparität, kann man bei US-Aktien bei dem oben von mir beschriebenen Anlagehorizont neben Kursgewinnen in US-Dollar mit zusätzlichen Währungsgewinnen rechnen. Das war bei einem Eurokurs von 0,80 vor Jahren ganz anders; hier mussten die Chancen mit einem Dollar-Wert schon extrem gut sein, um das langfristig drohende Risiko von Währungsverlusten auszugleichen.

Für Zocker ist allerdings die Kursentwicklung bei Devisen kaum vorherzusehen. Bei Ziegelsteinen wissen wir, dass sie sich nicht allzu sehr von Produktionskosten entfernen können. Werden Ziegelsteine teurer, werden mehr hergestellt und wir nähern uns wieder den Produktionskosten. Bei Aktien ist das schon etwas schwieriger; nach dem Nobelpreisträger für Wirtschaftswissenschaften James Tobin stellen die Wiederbeschaffungskosten eines Unternehmens, das Q, seinen richtigen Wert dar. Aber es leicht einzusehen, dass man von einem Dachziegel die Produktionskosten leichter ermitteln kann als die Wiederbeschaffungskosten von einem Unternehmen. Als man die noch teilweise aus der Bilanz ablesen konnte und z.B. noch einmal den gleichen Wert oder mehr oder weniger für die Organisation, Stille Reserven, Marken, Forschung usw. draufschlug, war auch das noch einigermaßen leistbar - und wenn man das dann noch mit dem Ertragswert gegencheckte, der die zukünftigen Erlöse berücksichtigte, war man zwar auch noch unsicher - man hatte aber schon einmal einen Pflock eingeschlagen. Bei Werten wie etwa Google ist das aber schon schwerer, denn aus der Bilanz kann man nichts mehr ablesen und bei zukünftigen Gewinnentwicklung muss man das zukünftige Gewinnwachstum ablesen, was sehr schwierig ist. Dass ich wohl der energischste Verfechter eines Google-Engagments bei deren Börsengang war, dürfte ja den Lesern deutscher Aktien-Boards noch bekannt sein - aber ich bin eben auch schon bei 180 Dollar ausgestiegen, weil auch ein geborener Optimist sich nicht jedes Gewinnwachstum vorstellen kann. Ähnlich schwierig wie mit Google-Aktien ist es mit Wechselkursen - auf kurze Sicht geht fast nichts in Sachen Prognosen, aber auf lange Sicht schon, denn die Kaufkraftparität ist ein Anker, zu dem bisher jede Währung wieder zurückgehkehrt ist. Wie lange das jeweils dauert - das weiß keiner. Aber die Chancen, dass sich im Laufe der nächsten zwei Jahre etwas tut, ist groß.
Antworten
Libuda:

News from the last buy: Channel Intelligence

 
19.03.07 22:53
Internet Capital owns now 40%:


WMH Tool Group includes Channel Intelligence SellPath® Services as a Part of Their New Online Marketing Initiatives


ORLANDO – March 12, 2007 – Channel Intelligence (CI), the leader in technology innovation for Web-initiated commerce, today announced adoption of its patented SellPath® Channel Solutions by WMH Tool Group. This Channel Intelligence where-to-buy solution provides services that enhance online consumer shopping experiences when purchasing WMH Tool products from channel partners such as Western Tool Supply, Amazon, Rocker Companies Inc., Grainger, Southern-Tool, J&L Industrial Supply, Timberline Tools, and Woodcraft.

“The SellPath service represents an opportunity for us to effectively measure which products on our site are generating the most consumer demand while supporting our channel partners,” said Bob Varzino, Director of Marketing for WMH Tool Group. “We feel confident that these where-to-buy services will enhance our customer’s shopping experience by ensuring they can easily find and purchase our products from their preferred retailer.”

“The SellPath solution enhances the profitability of a company’s channel marketing programs by harnessing the sales potential of manufacturers’ web site traffic and making it easier for customers to buy immediately from authorized retail partners,” commented Alan Fulmer, Executive Vice President at Channel Intelligence. “We are thrilled that WMH Tool Group has partnered with us to maximize their potential for sales that originate online.”

SellPath® Channel Solutions link online shoppers from a manufacturer’s product page to a list of authorized online and local resellers carrying that product. Consumers will purchase products how and where they choose and SellPath® supports this through both the online and local product locator services called Product Links™ and Product Pinpointer respectively™. The patented technology powering SellPath® has enabled nearly 100 top brand manufacturers to increase their conversion rates by 4-10% while facilitating over $6B dollars in sales since 2002.

About WMH Tool Group
WMH Tool Group is a subsidiary of Walter Meier Holding AG, which is based in Zurich Switzerland. Walter Meier Holding AG has 1900 employees worldwide and is listed on the SWX Swiss Exchange. In addition to its tools, woodworking and metal processing products, Walter Meier Holding AG also manufactures and distributes air conditioning and heating products. At the heart of WMH Tool Group’s core values is a commitment to providing customers with innovative and proprietary products and fostering a culture that encourages and rewards innovation by all of company associates. For more information, please visit www.wmhtoolgroup.com.

About Channel Intelligence
Channel Intelligence (CI) is the leading provider of innovative solutions that make it easy for online shoppers to find and buy products whether they start at retailer sites, manufacturer sites, or destination shopping sites. CI's patented optimization technology and data solutions currently support nearly 200 of the world's best known retail and manufacturing brands. CI is an ICG (Nasdaq: ICGE) partner company based in Orlando, Florida, with offices in Geneva, Switzerland.


Sentiment : Strong Buy
 
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Libuda:

Remember the full pipeline of IPO's of Internet Ca

 
20.03.07 17:31
Remember the full pipeline of IPO's of Internet Capital  (Not rated)      19-Mar-07 06:49 pm     Hedge Fund Makes Over $500 Million On YouTube Sale


The numbers are in, Google revealed in a filing with the Securities and Exchange Commission just how much the hedge fund investors, founders and early employees of YouTube made when it was bought by Google for $1.65 billion last year.

Sequoia Capital, the hedge fund that took a chance with the tiny YouTube project, investing close to $11.5 million, was listed as owning 941,027 shares, which are valued at more than $442 million. The filing also lists Sequoia Capital XI Principals Fund owning 102,376 shares, valued at more than $48 million, and Sequoia Technology Partners XI with 29,724 shares, valued at nearly $14 million. A total of $504 million.

The company's three founders also made extraordinary amounts, YouTube's chief executive Chad Hurley received shares worth more than $345 million. Another founder, Steven Chen, received shares worth more than $326 million. The third founder of YouTube, Jawed Karim, who left the company early on to pursue a graduate degree in computer science, received more than $64 million in shares. Some of these shares have been deposited in trusts for the young founders.

In addition, several funds affiliated with Artis Capital Management, a San Francisco hedge fund managed by Stuart L. Peterson that was a co-investor with Sequoia, were listed as having received 176,621 shares, valued at $83 million.

When the deal was announced in October, YouTube was less than two years old and had about 70 employees.


Sentiment : Strong Buy

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Libuda:

Mit den 13% an Creditex ist Internet Capital

 
20.03.07 23:23

auch hier im Geschäft:

9.9 billions from ICE for rival CBOT  (Not rated)      20-Mar-07 03:48 pm     What is the worth of Creditex - the worldwide greatest interdealer-broker in the booming market of credit-derivatives?


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Libuda:

Big - Bigger - Channel Intelligence

 
21.03.07 22:29
Channel Intelligence = Phenomenal Growth  (Not rated)      21-Mar-07 10:18 am     Internet Capital owns 40% of this company

Channel Intelligence Appoints Three New Vice Presidents, Expands Staff by
35 Percent


ORLANDO – March 20, 2007 – Channel Intelligence (CI), a leader in technology innovation for Web-initiated commerce, today announced the promotion of three vice presidents and the continued expansion of its staff as a key component of the company’s planned growth following funding obtained in late 2006.

CI accessed internal leadership resources to head up the company’s growing organizations, promoting the following leaders to vice president positions: Steven Roth to Vice President of Product Management, Shawn Seipler to Vice President of Retail Sales, and Shailesh Adhav to Vice President of Sales Americas/EMEA – Manufacturing.

“We’re experiencing phenomenal growth, and I’m delighted to be at the helm of the product management team with its aggressive lineup of exciting, cutting-edge products planned for release this year,” commented Steven Roth, vice president of the Product Management Group. “The rapid growth of our Product Management team allows CI to remain close to our customers and markets as we identify and deliver new innovative solutions.”

“Expanding our leadership in our sales and product organizations is essential to driving our market share and bringing our solutions to more organizations that can benefit from them,” noted Lanny Tucker, Senior Vice President of Sales and Marketing. “As we continue to grow rapidly, our key staff members are fulfilling critical roles and developing our base of talented resources to support our foundation of technological innovation in e-commerce.”

CI continues toward its goal of doubling staff in 2007, achieving a 35 percent increase in staff to date. Key areas planned for ongoing growth include product management/engineering, sales/marketing, finance/administration, and operations/client support.

About Channel Intelligence

Based in Orlando, Florida, with offices in Geneva, Switzerland, Channel Intelligence is a leading provider of innovative data solutions that make it easy for online shoppers to find and buy products whether they start at retailer sites, manufacturer sites or destination shopping sites. CI’s patented optimization technology and data solutions currently manage and syndicate over $3 billion in product value to over 50 destinations every day. CI customers include nearly 200 of the best known retail and manufacturing brands such as Best Buy, Baby Universe, Black & Decker, Canon, Circuit City, Electronic Arts, eToys Direct, Fujifilm, HP Home and Home Office, ICE.com, Idea Forest (Joann.com), LG Electronics, Northern Tool + Equipment, Neiman Marcus Group, Olympus, Panasonic, PC Mall, PETCO, Smart Bargains, Target, The Inside Store and Things Remembered. CI is an ICG (Nasdaq: ICGE) partner company based in Orlando, Florida, with offices in Geneva, Switzerland. For more information, visit the company’s website at www.channelintelligence.com.


Sentiment : Strong Buy

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Libuda:

Noch einen draufgesetzt

 
23.03.07 18:09
Channel Intelligence = Phenomenal Growth  (Not rated)      21-Mar-07 10:18 am     Internet Capital owns 40% of this company

Channel Intelligence Appoints Three New Vice Presidents, Expands Staff by
35 Percent


ORLANDO – March 20, 2007 – Channel Intelligence (CI), a leader in technology innovation for Web-initiated commerce, today announced the promotion of three vice presidents and the continued expansion of its staff as a key component of the company’s planned growth following funding obtained in late 2006.

CI accessed internal leadership resources to head up the company’s growing organizations, promoting the following leaders to vice president positions: Steven Roth to Vice President of Product Management, Shawn Seipler to Vice President of Retail Sales, and Shailesh Adhav to Vice President of Sales Americas/EMEA – Manufacturing.

“We’re experiencing phenomenal growth, and I’m delighted to be at the helm of the product management team with its aggressive lineup of exciting, cutting-edge products planned for release this year,” commented Steven Roth, vice president of the Product Management Group. “The rapid growth of our Product Management team allows CI to remain close to our customers and markets as we identify and deliver new innovative solutions.”

“Expanding our leadership in our sales and product organizations is essential to driving our market share and bringing our solutions to more organizations that can benefit from them,” noted Lanny Tucker, Senior Vice President of Sales and Marketing. “As we continue to grow rapidly, our key staff members are fulfilling critical roles and developing our base of talented resources to support our foundation of technological innovation in e-commerce.”

CI continues toward its goal of doubling staff in 2007, achieving a 35 percent increase in staff to date. Key areas planned for ongoing growth include product management/engineering, sales/marketing, finance/administration, and operations/client support.

About Channel Intelligence

Based in Orlando, Florida, with offices in Geneva, Switzerland, Channel Intelligence is a leading provider of innovative data solutions that make it easy for online shoppers to find and buy products whether they start at retailer sites, manufacturer sites or destination shopping sites. CI’s patented optimization technology and data solutions currently manage and syndicate over $3 billion in product value to over 50 destinations every day. CI customers include nearly 200 of the best known retail and manufacturing brands such as Best Buy, Baby Universe, Black & Decker, Canon, Circuit City, Electronic Arts, eToys Direct, Fujifilm, HP Home and Home Office, ICE.com, Idea Forest (Joann.com), LG Electronics, Northern Tool + Equipment, Neiman Marcus Group, Olympus, Panasonic, PC Mall, PETCO, Smart Bargains, Target, The Inside Store and Things Remembered. CI is an ICG (Nasdaq: ICGE) partner company based in Orlando, Florida, with offices in Geneva, Switzerland. For more information, visit the company’s website at www.channelintelligence.com.


Sentiment : Strong Buy

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Libuda:

Weitere Expansion

 
23.03.07 18:12
www.channelintelligence.com/openings.asp
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Libuda:

Ein möglicher Gruund für den Kursanstieg

 
24.03.07 14:43
China's Top 10 Software Outsourcing Companies  (Not rated)      24-Mar-07 06:21 am     I believe, one reason for increase of the share-price, was, that more and more investors get knowledge of the new ranking of outsourcing consultant Brown-Wilson. The Internet Capital-company Freeborders was ranked Nr. 3. But Freeborders is not only a chinese company. About 200 employers are worked in USA/Europe and about 50 employers by subsidiary NTKSolutionsn in New York (Wallstreet). Additional we must recognize, that Freeborders will growth only organic, to hold the high quality-standards.

China's Top 10 Software Outsourcing Companies

Achievo, Appson, Augmentum, Bleum, BroadenGate, Cathay, FreeBorders, I.T. United, Neusoft, SoftStone IT
Posted by: Eric Dong on Mar 16, 2007 | 15:03
Editorial Summary
As ranked by outsourcing consultants Brown-Wilson. The consultant's fourth quarter 2006 report pegs China's software outsourcing revenue at 2.97 billion Yuan, up 17 percent on the fourth quarter in 2005 and up 6.8 percent on the third quarter in 2006.

Neusoft
Achievo
FreeBorders
BroadenGate
Augmentum
Cathay
SoftStone IT
Bleum
Appson
I.T. United


Sentiment : Strong Buy
 
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Libuda:

BIG SHORT in der Falle

 
27.03.07 11:46
und er kommt nur über einen gigantischen Shortsquezze raus:

BIG SHORT and his friends could not cover, the record high is unchanged in March:

March 2007  
   Short
Interest Percent
Change Average Daily
Share Volume Days to
Cover
ICGE  Internet Capital Group, Inc. - Common Stock 4,465,590 (0.38) 324,132 13.78


And that all by an increased institutional holding of 72.3% of the 39 million shares = more than 28 million shares.
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