Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

 Re: Increase my estimates for revenues from 160 to 175 million  (Not rated)      4 minutes ago     The market-cap of yesterday was about 475 million. If we subtract the 200 million cash/securites, we have only a worth of 275 million for a lot of very valuable ownership in a lot of private hold companies like Creditex, Metatstorm, Starcite, Freeborders, ICGCommerce, Whitenfence, VCommerce, Anthem Venture, Channelintelligence, Emptoris and other.

After my newest estimate the proportional revenues of this private hold companies are 175 million and the valuation is only 275 million - that are only 1.6-times-revenues.


Sentiment : Strong Buy

Die 15% an Creditex sind zusammen mit der Kasse/Wertpapiere schon mehr wert als die momentane Marktkapitalisierung. Und obendrein gibt des dann noch 65% an ICGCommerce, 26% an Starcite, bisher 41% an Metastorm (dürfte noch bei 33% liegen), 33% an Freeborders, 41% an Channelinelligence, 35% an Whitefence, 46% an VCommerce, 9% an Anthem Venture, 5% an Emptoris und weitere Beteiligungen umsonst dazu.

But more important is, what we can read in the additional to the last news. The business of Creditex exploded this year: "The platform has executed over $3 trillion notional this year in credit default swap (CDS) indices, single-name CDS and standardized structured credit products." The prediction for 2007 was only $2 trillion - but now Creditex will reach near $4 trillion, the double of the prediction


For further information, please contact:
Markit
Teresa Chick (London) +44 20 7260 2094
Nishul Saperia (NY) +1 212 931 4931
Creditex
Brendan Nel (London) +44 20 7429 3041
Annette Bronkesh (NY) +1 973 778 8648
About 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 over $3 trillion notional this year in credit
default swap (CDS) indices, single-name CDS and standardized structured credit products.
Text zur Anzeige gekürzt. Gesamtes Posting anzeigen...


Creditex has earned numerous accolades including ones from Credit, Euromoney, Forbes, IFR,
Institutional Investor, Risk, Ernst & Young and Deloitte & Touche.
For more information, see www.creditex.com
About Markit
Markit Group Limited is the leading provider of independent data, portfolio valuations and OTC
derivatives trade processing to the global financial markets. The company receives daily data
contributions from 90 dealing firms, and its services are used by almost 1,000 institutions to
enhance trading operations, reduce risk and manage compliance.
For more information, see www.markit.com


Sentiment : Strong Buy

flankenking


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Re: News from Creditex  (Not rated)      23-Oct-07 08:50 am     In 2006 by between 1-2 trillion the revenues of Creditex was 135 million, when they reach a volume of 4 trillion, the revenues in 2007 will be a quarter billion and the worth of the company between two and three billion, maybe be more.

And Internet Capital owns 15%.


Sentiment : Strong Buy

flankenking


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Re: News from Creditex  (Not rated)      24-Oct-07 08:00 am     MARKIT & CREDITEX ANNOUNCE FINAL RESULTS
OF MOVIE GALLERY, INC. CREDIT EVENT AUCTION
Final Auction Price is 91.5%
London and New York, October 23, 2007 – Markit Group Limited (“Markit”) and Creditex Group Inc. (“Creditex”), in partnership with 11 major credit derivative dealers, have successfully conducted a Credit Event Auction to generate a cash settlement price for contracts referencing loans of Movie Gallery, Inc. At 2.00pm EST, the final price for specific Movie Gallery loans was fixed at 91.5%. Creditex and Markit are the official administrators of the Credit Event Auctions.
Movie Gallery, Inc., a US video store chain, failed to make a September 10, 2007 interest payment on its first lien loan. This triggered a ‘failure to pay’ credit event on loan CDS (“LCDS”) contracts referencing the company. Movie Gallery, Inc. was also a constituent of the LCDX, a credit default swap index referencing US leveraged loans.
The Credit Event Auction enabled institutions to cash settle LCDS and LCDX index trades (or cash settle and exchange physical loans) at the final auction price. The Credit Event Auction was run in accordance with the LCDS Settlement Terms published by ISDA on May 22, 2007.
During the Credit Event Auction, dealers submitted orders electronically on the Creditex platform. The auction submissions were delivered to Markit electronically who calculated and verified the results, and published them on the official website www.creditfixings.com.
The Credit Event Auctions provide a transparent, fair and operationally efficient process for settling CDS and LCDS contracts. Movie Gallery, Inc. is the first corporation for which a Credit Event Auction has been held to settle LCDS and LCDX index trades. Previously, auctions have been held for Collins & Aikman, Delta Air Lines, Northwest Airlines, Delphi Corporation, Calpine Corporation, Dana Corporation and Dura.
- Ends -


Sentiment : Strong Buy

flankenking


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Re: News from Creditex  (Not rated)      23-Oct-07 03:40 pm     I believe, we will see a monetisation in this or the next quarter, because Internet Capital said at last, that they are working on the monetization of Creditex. Maybe it is a good time, because the revenues could reach a quarter billion in 2007 after 135 million in 2006. Creditex was profitable in 2006 and will be high profitable in 2007, because most of the additional revenues will be net income, the cost growth very slower than the revenues.


Sentiment : Strong Buy

flankenking


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Re: News from Creditex  (Not rated)      24-Oct-07 07:22 am     Base for my estimate of the revenues of Creditex of a quarter billion in 2007 are the following:

We know now, that the volume in 2007 will be about four trillion.

In the average a deal in the market of credit-dervatives is about 15 million. Commissions for the buyer is about $500 and for the seller about $500, too, $1,000 for both together. Commissions for Creditex by one billion is about $67,000.

4 trillion = 4,000 billion = 268 million commission by $67,000 commissions for a volume of one billion


Sentiment : Strong Buy

flankenking


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Re: News from Creditex  (Not rated)      17 second(s) ago     Compare with the buy of ISE trough Deutsche Boerse. The revenues of ISE in 2007 will be equal or a little bit lower than the revenues of Creditex.

The majority vote of ISE shareholders set another milestone to create the leading transatlantic derivatives marketplace with significant USD and Euro product coverage. It will further strengthen Eurex’s position as the leading global derivatives marketplace and will create the undisputed market leader in individual equity, equity index and long-term interest rate derivatives worldwide; the combined overall trading volume of both exchanges in 2006 was 2.1 billion contracts. Eurex’s and ISE’s complementary member bases and product portfolios provide significant growth opportunities across asset classes and national boundaries.

Under the terms of the merger agreement, ISE stockholders receive $67.50 in cash for each ISE share held. The overall transaction volume is approx. USD 2.8 billion. The merger is subject to regulatory approval by the U.S. Securities and Exchange Commission. Closing of the transaction is expected in Q4 2007.

The reason is simple: Internet Capital is clear undervalued. Internet Capital has paid all his debts and is now debt free - compare with former times and convertible debts of 560 million. And additional Internet Capital has more than 200 million cash and securties from the the two public companies Blackboard and GoIndustry. If you subtract this 200 million from the market-cap of 470 million, you have only 270 million for the ownership in 65% of ICGCommerce, 26% of Starcite, last 41% of Metastrom (now a little bit lower), 15% of Creditex, 33% of Freeborders, 41% of Channelintelligence, 46% of Vcommerce, 35% of Whitenfence, 9% of Anthem Venture, 5% of Emptoris and other. My advice: Click all this companies. The proportional revenues from this companies are about 175 million. By a valuation of this 175 million revenues of 270 million we have only 1.6-times-revenues.

Compare this with the average of 6-times-revenues of the Techs in the S+P 500 or the 120-times-revenues of Facebook.


Sentiment : Strong Buy

Interessant ist auch, dass bei den guten news von Internet Capital extrem gemauert wird. Ich poste ja bekanntlich auch bei Yahoo unter dem Namen "Flankenking" und beobachte daher auch dort die "Nachrichtenlage" sehr genau. Die meisten guten Nachrichten von den Partnergesellschaften von Internet Capital tauchen, obwohl sie für die Bewertung enorm wichtig sind, bei Yahoo nicht auf. Das ist kein Vorwurf an Yahoo, sondern es zeigt, wie Buckley und seine Gang es verhindern, dass in Meldungen über die Partnergesellschaften der Name "Internet Capital" auftaucht und damit in den Fokus von Suchmaschinen gerät. Das ist mit 100iger Sicherheit kein Zufall sondern knallharte Strategie des Management von Internet Capital, das mit bestimmten Shortsellern zusammenarbeit, die zwar langfristig long sind, aber mit Spielchen in Form von Shortselling zwischendurch Geld zu verdienen versuchen.

Zum Beispiel taucht weder etwas über Metasstorm oder Channelintelligence, zwei enorm wichtige Gesellschaften, je etwas bei Yahoo auf.

Seht einfach einmal nach:

messages.finance.yahoo.com/...id=251624&mid=251624&tof=1&frt=

In addition to cheap labor, other drivers for the expansion of the Chinese IT outsourcing market include market de-regulation, large-scale investment in technical education, better IP protection, IT core standards and infrastructure development, and the flourishing Chinese economy. Despite promising growth, however, China still needs to consolidate its workforce capabilities in terms of English language proficiency, project management skills and experience in order to step up its challenge to India in the global market.

Kenneth Wong, a Managing Partner of SmithWong Associates, a China-focused US consulting firm, comments, “Language issues are no longer the major handicap to China-based outsourcing that they were before. In the past, the big advantage of the Indian market was that a lot of Indians spoke English. However, many IT personnel in China today are US-educated with undergraduate and graduate degrees. Soon there will be more people speaking English in China than in the US. The Chinese government knows it has a way to go in this area, but the signs are encouraging.”

Tao Ye, President of Objectiva Software, a leading provider of software outsourcing services to China with offices in the US and Beijing, comments, “More and more customers are confident of doing business in China. Two years ago potential clients would say to us: “Why China?” - now they say to us: “Why you?” Since I founded this company in 1999 we have employed two full-time English teachers – language skills are very important in China’s outsourcing sector. To say Chinese employees have no English is a myth.”

While Chinese IT companies are increasingly bidding for international outsourcing projects, they are also leveraging their proximity to markets such as Japan and South Korea, where they have an advantage in both geography and language. Last year the Korean electronics firm Samsung outsourced about US$18.5 billion of business to China in an attempt to lower production costs.

Companies looking to cut costs should bear in mind that China has nearly 100 cities with a population of 1 million or more - nearly all of these are actively trying to attract foreign investment. Businesses that select second or third-tier cities can expect favorable treatment that can translate into substantial savings. Xi’an, a city of over 4 million in China’s rapidly developing West, for example, has a “High-Tech Zone” that offers foreign companies heavily discounted office space and tax exemptions until they have attained profitability for two consecutive years.


Sentiment : Strong Buy

CHINDUS sm approach includes adopting best practices from the US, India, and China. From the US, we leverage our strong on site
domain knowledge, our strong US management team, and our relationship management capabilities. From India, we adopt industry
best practices around governance and the global delivery model. From China, we leverage the massive talent pool, the strong
technical skills, and the English language capabilities that China can deliver.”
Industry leaders and analysts agree that China is the next big destination in offshore sourcing strategies. Its unparalleled wealth of
highly skilled labor and solid infrastructure place it atop most “short” lists for offshoring engagements.
“As more and more Fortune 1000 companies take advantage of a multi-country sourcing strategy, China is becoming the most
compelling choice,” Jim adds. “The opening of our Guangzhou facility is symbolic of the growth and scale we are seeing across the
China market”


Sentiment : Strong Buy

CHINDUS is a proprietary global platform that facilitates IT delivery based in any geography,
managed through industry proven governance and delivery methodology.


Sentiment : Strong Buy

flankenking


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 Re: Superdeal between Freeborders and Expedia  (Not rated)      4 second(s) ago     And the second big deal additional to the Expedia-deal of the last weeks:

One of the World’s Largest Banking and Financial Services
Organizations Selects Freeborders
San Francisco, September 29, 2007- Freeborders, the leading provider of outsourcing solutions from China,
today announced it has signed an agreement with one of the world’s largest banking and financial services
organizations, to be a strategic outsourcing partner for application development, support, and maintenance of
selected Information Technology development projects in China.
“We are delighted that Freeborders has been chosen by this prestigious institution as their strategic partner to
enter China,” says Jean Cholka, CEO of Freeborders. “Their global, multi-national presence dictates that they
must have a partner in China who has the process maturity, technical capability and a high level of English
proficiency to help them achieve their corporate goals – and the Freeborders’ CHINDUS model provides
this assurance to them.”
As one of the largest and most respected users of offshore services, a global development model is not new
to this client. They have existing investments and experience with offshore development in India, and are
choosing to mitigate the risk of a single development geography – choosing Freeborders as their partner in
China.
The Freeborders CHINDUS model provides clients with best practices and lessons learned from each
geography:
ƒ
United States – relationship management and governance; business and technology expertise;
deep understanding of the US business model for offshore IT services.
ƒ India – perfection of the global delivery model; lessons learned in governance models, how to
combine scale and quality; and an integrated resource model.
ƒ China – huge technology resource pool with excellent experience; innovation and compelling
economics.
The client’s name cannot be disclosed as per confidentially agreement.


Sentiment : Strong Buy

Recent accomplishments over a short period of time make WhiteFence an ideal candidate for consideration. In 2007, WhiteFence made a commitment to expanding the availability of their Move Center Web application in the electric and natural gas industries, expanding the functionality of the Move Center to include offline as well as online capabilities, and to leverage its marketing and technical expertise to become the leading third party source for consumers to identify and compare renewable energy sources as well as essential home services.

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 to find the best deals and conveniently set up their home services in minutes. WhiteFence is based in Houston, TX. The privately held company is backed by Adams Street Partners and Internet Capital Group.

Past Rising Star Award winners have included Hercules Offshore Inc., a specialist in shallow-water drilling rigs and "liftboat" services to oil and gas explorers, and Excelerate Energy LP, a private company that was formed in 2003 to pursue new LNG importation alternatives (safe transportation methods), in the United States and around the world. Winners of the 2007 Global Energy Awards will be announced at a gala celebration on Thursday, November 29, 2007 at Cipriani Wall Street in New York City.


Sentiment : Strong Buy

flankenking


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 Re: News from Whitefence  (Not rated)      3 second(s) ago     Internet Capital owns 35% of Whitenfence.


Sentiment : Strong Buy

Whitefence ist beeindruckend:

www.whitefence.com/corporate/partners.html

und vor allem bei Privatanlegern nicht vorhandene Informationen bestimmen das Bild bei Internet Capital. Die meisten der positiven Nachrichten über die Beteiligungen von Internet Capital tauchen z.B. nicht bei Yahoo auf - das Management von Internet Capital unternimmt in dieser Hinsicht alles, um gute Nachrichten zu verbergen, um mit dem Management verbundenen Anlegern noch möglich länge preisgünstige Einstiege zu ermöglichen. Wir haben vermutlich eine extreme Informationssymetrie, denn den institutionellen Anlegern dürften die folgenden Informationen bekannt sein, die aber beispielsweise auf Yahoo-Financial, das den meisten Privaten als Informationskanal dienen dürfte nicht auftauchen. Vermutlich ist das auch der Grund, warum inzwischen die Institutionals 89,8% halten, die Privaten sich gute Kursgewinne entgehen ließen und vermutlich auch noch entgehen lassen werden.

messages.finance.yahoo.com/...24&mid=251624&tof=1&frt=1#251624

Ergänzt wird das Bild, durch das Vorhandensein von enormen negativen Emotionen aus der Vergangeheit, die logischerweise von einigen Verzockern, die damals Haus und Hof verloren haben, weiter geschürt werden, da sie mit ihrem Versagen nicht fertig wurden. Damit haben wir einen unvollkommennen Markt par excellence - und genau auf derartigen Märkten macht mit der nötigen Geduld die größten Gewinne.

As a result of the integration, manufacturers and retailers working with Shopping.com or Channel Intelligence are expected to benefit from the ability to offer a greater number of options for shoppers turning to the Internet to find where-to-buy information, both online and offline, in the U.S., U.K., France, Germany and Australia.

About Channel Intelligence
Powered by the CommerceIQ™ technology platform, Channel Intelligence (CI) web-initiated commerce solutions make it easy for online shoppers to find and buy products whether they start at retailer sites, manufacturer sites, destination shopping sites, or mobile shopping applications. Using a series of robust data optimization techniques offered through the CommerceIQ platform, CI significantly improves the quality of product data and the placement of products on the Internet. Every day CI manages and syndicates millions of products valued at over $3 billion dollars through its three primary services – SellPath® Manufacturer Solutions, SellCast™ Retailer Solutions, and SellCore™ Publisher Solutions. CI customers include hundreds of the world’s best known brands including Best Buy, Black & Decker, Canon, Circuit City, Fujifilm, LG Electronics, Logitech, Mitsubishi, Neiman Marcus Group, OfficeMax, Olympus, Palm, Panasonic, PETCO, Skechers, SmartBargains.com, Spiegel, The Stanley Works, and Target. Channel Intelligence, a partner company of Internet Capital Group (Nasdaq: ICGE), is based in Orlando, Fla., with offices in Europe. www.channelintelligence.com


Sentiment : Strong Buy

bin immer noch dabei und schaue mir tagtäglich deine interessanten Berichte an. Alles gut und schön, aber in Tat und Warheit kommt dieses Baby einfach nicht auf Touren. Nun plämperln wir seit 12 Monaten auf dem gleichen Niveau herum, kann mal ein USD mehr sein, bestimmt am nächsten Tag wieder ein USD weniger.
Habe in der gleichen Zeit mit etwa dem gleichen Investement bei einem anderen US Sorgenkind, EMC immerhin etwa 54% Gewinn eingestrichen.
Nicht schlecht oder? Nun ich habe Zeit und bin auf diese paar 10'000 USD nicht angewiesen, solange es nicht den Bach runtergeht.
Schöner Tag noch und mit Interesse bis 15:00 wenn es bei ICGE wiedr heisst "alles oder nichts", leider meistens "nichts".
penski

blog.starcite.tv/author/admin/

16-Apr-07 11.66 12.13 11.36 11.60 240,100 11.60
9-Apr-07 11.65 11.78 11.37 11.70 172,900 11.70
2-Apr-07 10.83 11.82 10.61 11.62 392,700 11.62
26-Mar-07 11.00 11.14 10.61 10.70 372,700 10.70
19-Mar-07 10.27 11.15 10.13 10.98 242,100 10.98
12-Mar-07 10.48 10.75 9.81 10.20 350,800 10.20
5-Mar-07 10.89 10.89 10.23 10.52 460,300 10.52
26-Feb-07 12.44 12.46 10.95 11.00 343,300 11.00
20-Feb-07 11.76 12.54 11.67 12.46 283,700 12.46
12-Feb-07 11.55 11.79 11.30 11.77 234,700 11.77
5-Feb-07 11.24 11.60 11.10 11.51 249,300 11.51
29-Jan-07 11.06 11.49 10.40 11.24 309,500 11.24
22-Jan-07 10.31 11.18 10.19 11.11 376,500 11.11
16-Jan-07 10.69 10.97 10.20 10.34 524,900 10.34
8-Jan-07 10.12 10.70 9.90 10.69 485,100 10.69
3-Jan-07 10.29 10.40 9.87 10.15 390,800 10.15
26-Dec-06 9.91 10.40 9.91 10.26 234,900 10.26
18-Dec-06 9.50 10.11 9.33 10.00 352,900 10.00
11-Dec-06 9.69 9.86 9.36 9.52 439,000 9.52
4-Dec-06 10.12 10.27 9.60 9.73 372,600 9.73
27-Nov-06 11.00 11.26 10.03 10.12 401,900 10.12
20-Nov-06 10.75 10.95 10.60 10.87 264,700 10.87
13-Nov-06 10.39 11.00 10.26 10.72 255,200 10.72
6-Nov-06 10.25 10.62 10.20 10.35 165,000 10.35
31-Oct-06 10.82 10.82 9.70 10.31 204,900 10.31
 

bestätigt. Dass sie sich nur langsam abbaut wissen wir. Aber dass sie sich abbaut wissen wir auch, denn immerhin hat sich Internet Capital gegenüber dem Tiefpunkt verdreifacht und wird sich in den nächsten ca. 18 Monaten noch einmal verdreifachen, da man in diesem Zeitraum an Monetarisierungen von entwickelten Beteiligungen nicht vorbeikommt. Das wird immer mehr Anleger dämmern - private Anleger stehen da etwas auf der Leitung, Institutionals nicht, denn denen gehören inzwischen fast 90%, vor drei Jahren waren vor der ersten Verdreifachung waren es nur zwischen 2% und 3%. Privatanleger, die die erste Verdreifachung verpasst haben, haben aber die von mir beschriebene zweite Chance.

Good time for buy  (Not rated)      52 minutes ago     because the prediction for tomorrow is simple: The revenues of the core-partner-companis in the third quarter was about 7% higher than in the second quartet. This is a growth-rate of about 30% of the revenues in the year. Since about 3 years the core-companies of Internet Capital has this growth-rate and this growth will be lasting. Tech-companies with this growth-rate have about 8-times-revenues, Internet Capital has only a 1.6-times-revenues.

Therefore the share-price of Internet Capital will tripple again in the next 15-10 month again, after more than trippled in the last years.


Sentiment : Strong Buy

flankenking


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 Re: Good time for buy  (Not rated)      30 minutes ago     In the second quarter-report you could read: "In the second quarter of 2007, aggregate pro forma revenue of ICG’s eight core companies grew 27% year-over-year, to $57.1 million from $44.8 million in the second quarter of 2006."

I believe, without the aquisition of Proforma through Metastorm, we will read tomorrow from revenues of 62 million in 2007 of the eight partner-companies. If the numbers of the aquired Proforma a part of numbers, the number for the revenues could increase to about 67 million.


Sentiment : Strong Buy

Beteiligungen:

ICG Core Partner Company Information

Set forth below is pro forma information relating to the following eight core companies: Channel Intelligence, Freeborders, ICG Commerce, Investor Force, Metastorm, StarCite, Vcommerce and WhiteFence. Our ownership positions in these eight companies ranged from 26% to 80% and averaged 45% at September 30, 2007. Please refer to the supplemental financial data at the end of this release for a reconciliation of such amounts to the nearest comparable GAAP measures.

In the third quarter of 2007, aggregate pro forma revenue of ICG’s eight core companies grew 35% year-over-year, to $61.9 million from $45.8 million in the third quarter of 2006. Aggregate pro forma EBITDA (loss) for the core companies was $(4.0) million in the third quarter of 2007, versus $(8.0) million in the third quarter of 2006. In the nine months ended September 30, 2007, aggregate pro forma revenue of ICG’s eight core companies grew 31% year-over-year, to $172.8 million from $131.8 million in the comparable period of 2006. Aggregate pro forma EBITDA (loss) for the core companies improved to $(12.1) million in the nine months ended September 30, 2007 from $(23.8) million in the comparable period of 2006.

“Based on the strong year-to-date aggregate performance of our core companies, we would expect the full year 2007 aggregate revenue growth of our core companies to be approximately 30%, exceeding our initial 2007 full year guidance of 25%,” said R. Kirk Morgan, ICG’s CFO.

Kapitalverdreifachung in den nächsten 18 Monaten noch heute legen und kaufen:

My advice: Buy when idiots  (Not rated)      22 second(s) ago     sell, who believes, that the 14.6 million revenues are the revenues of Internet Capital. But this reveneus are only the revenues from two of more than 15 companies of Internet Capital: ICGCommerce with about 14 million and Investorforce with lower than one million. Revenues of all other companies are not consolidated.

Maybe, there exists no idiots, there only exist an idiotic BIG SHORT, who believe, that idiots with fear and unsecurity exist, which will sell, when BIG SHORT will sell. I believe, we see only shortselling today - a BIG CHANCE to buy.

Rahm von den US-Institutionals abschöpfen.

BEST CALL IN THE LAST  (Not rated)      5 minutes ago     five years. Well done for a change.
Rate it:
     
buylow2001

Male

www.internetcapital.com/pdf/presentations/webcast3Q07.pdf

Added to its roster of Fortune 500 and Global 1000 firms with the addition of 10 major clients including two major defense firms, one of the world’s largest computer hardware corporations, and a leading securities firm.
•
Launched a major program in partnership with American Express that integrates StarCite’s e-sourcing and planning tools with American Express’ expertise in paying for, reconciling and analyzing meeting spend.
•
StarCite’s fast pace growth has earned it placement on the Inc 500, and the Deloitte Fast 50.
•
The company is on target to meet its projected revenue, registration and earnings goals for this year.


Sentiment : Strong Buy

flankenking


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 Re: Read more  (Not rated)      2 second(s) ago     About Metastorm:

Acquired Proforma Corporation, a recognized leader in business process analysis, modeling and enterprise architecture.
•
Posted record software revenues and increased profitability for the 12th consecutive quarter.
•
Added over 65 customers to its portfolio in Q3, including Boeing, DHS Customs and Border Protection, Network Rail, Maserati, Macy’s, State Farm and the U.S. Department of Veteran Affairs.
•
Expanded customer contracts include Blue Cross Blue Shield, Conair, Telenor and Wyeth.


Sentiment : Strong Buy

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Beyond the handful of large groups that fit only into a site like the Convention Center, companies and associations worldwide spend an estimated $300 billion a year on millions of meetings, the majority of them attended by fewer than 50 people, Boult said.

In this country alone, industry experts estimate that 800 million people a year attend business meetings of 10 or more, evidence that people still need face-to-face contact in the digital age, he said.

"It's a massive industry," Boult said. "Our goal is to digitize that spending, but not lose sight of the reason people meet. Companies want to save money, but create excitement around those meetings."



But founder John F. Pino, who's now president of StarCite's international division, said it ran into serious headwinds a year later when the dot-com bust led to sharp cutbacks in spending on new technology and travel. The number of employees at its offices at 1650 Arch St. in Center City plummeted from 180 to 20.

StarCite hung on, slowly building back its business as more big companies, recovering after 9/11, looked for ways to cut down on travel costs, one of their largest controllable expense categories. Many companies already were actively managing air travel and hotel costs by centralizing and automating employee booking and expense-reporting processes.

But they weren't doing the same for meetings, giving StarCite a huge opportunity, Boult said.

StarCite's business grew slowly from 2002 until August 2006, when it merged with its largest rival, OnVantage Inc. of Santa Clara, Calif. The transaction was described at the time in the meetings-industry trade press as the equivalent of Microsoft Corp. buying Apple Inc. The combination, operating under the name StarCite, is ahead of anyone else in the field, and will more than double StarCite's revenue this year, Boult said.

StarCite doesn't disclose exact sales and net income, but Inc. magazine estimated its 2006 revenue at $24.2 million in its annual ranking of the 5,000 fastest-growing privately held companies. It now has about 400 employees."

Most of this story is okay, but one number is nonsense: 24.2 million revenues in 2006. This number are revenues of the "Old Starcite" before the merger with the competitor Onvantage (you remember, Internet Capital owns 61% ond the "Old Starcite" and now 26% after the merger with Onvantage). By the merger, the both companies spoke about more than 40 million in 2006. By the growth-rate of this company of 40-50%, revenues of the mergered Starcite in 2007 are about 60 million.


Sentiment : Strong Buy

flankenking


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 Re: A Story about Starcite  (Not rated)      4 minutes ago     This false informations in a most very well written story are typical for a lot news about the partner-companies of Internet Capital: a lot of number are false and/or some years old or manipulated from criminal shortsellers.

Okay, the business-model of Internet Capital isn't easy to analyse and investors must do a lot of work to recognize the lies of a liar like technic 47 (or on of his other ID's), when he is writting about 14.6 million revenues of Internet Capital, what only means the revenues two of near 20 companies.


Sentiment : Strong Buy

flankenking


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 Re: A Story about Starcite  (Not rated)      3 second(s) ago     Continue of the story:

The enlarged StarCite says more than 400 companies worldwide, most of them large, now pay it to shop for meeting space and to manage all the details and costs. The client list includes four of the world's five largest pharmaceutical companies and banks, and three of the top five manufacturing and software companies. StarCite estimates that its corporate customers will use the software to spend about $2.7 billion on planning and staging meetings this year.

Corporate purchasing managers in particular like StarCite, Boult said, because "their job is one thing: Buy things for less."

StarCite also gets revenue from some of the 93,000 hotels, restaurants and conference and convention centers that it lists as meeting suppliers. Like Yellow Pages listings, a basic entry on the Web site is free, but a supplier can pay for a larger and more prominent display.

Big convention bureaus, like the Philadelphia Convention and Visitors Bureau, are not StarCite's main customers and tend to employ their own sales forces aimed at associations and trade shows.

StarCite's corporate customers say they like the way the software has given them better information about the number of meetings each division of their companies is running and how much is being spent.

Gina Armendaritz, the travel and meetings manager for Allergan Inc., an Irvine, Calif., pharmaceutical- and medical-device-maker, said that, when she came to the company 21/2 years ago, senior executives knew that perhaps 100 larger meetings a year were taking place. But a decentralized management structure meant that they didn't know what was being spent on hundreds of other meetings staged by various divisions - a problem that centralizing data using StarCite has helped solve, she said.

"We needed data reporting about all the meetings," Armendaritz said. "We wanted full visibility to what our company was doing as a whole. Our spending was being reported in different ways by different divisions."

Now, each time a division wants to hold a meeting, it submits a request to Armendaritz's department first. One of her staff takes over, she said, using StarCite to find the best location that meets the budget and then to manage every detail of signing up participants and tracking its costs.

Hotels use StarCite to post details of their meeting space and when it's available. Some are enthusiastic fans.

"StarCite is a phenomenal tool for us," said Frank Ashmore, general manager of the Carefree Resort in Carefree, Ariz., which uses the software to help fill its 465 hotel rooms and 60,000 square feet of meeting space. "It streamlines the process for any company looking for meeting space. . . . If a company I'm working with doesn't use StarCite, I send them to StarCite. It's very user-friendly."

Another hotel executive, Bonnie Weiss, director of pharmaceutical-industry sales for Hyatt, said one of StarCite's greatest advantages besides its ease of use is that it allows meeting planners and suppliers like her to exchange information day or night.

"This is just the wave of the future," Weiss said. "We're a 24-hour society now. That's what StarCite has done for the industry. . . . There's nothing else like it that I'm aware of."


Sentiment : Strong Buy

Internet Capital produce only positve Ebida's and net incomes, when there is a bigger sale, because the business of an incubator is: to buy companies in a earlier stage and sell them later. In 2007 was only one sale with a smaller amount: Marketron. Aditional there was losses from the repurchase of the convertible bonds higher than 100%.

The question by Internet Capital can only be, if we look a Ebita's or better net incomes: What will be the average of net incomes in a period of the next five or ten year? Because in some years there are no sales and in other years a lot - for example in 2008 we will see an ipo or an sale of Metastorm, which can produce a net income of about 100 million (when we subtract the book-value from the sale-price), and a sale of of Creditex, which can produce a net income of 200 million (when we subtract the book-value from the sale-price). I believe, the average of net-incomes in the five years from 2008 to 2012 will be about 150-200 million - maybe higher. This are a P/E of only 2 od 3. And that is the reason, why Internet Capital is the cheapest internet stock under of the from the internet stocks of the world with market-caps higher than a quarter billion.

Ein Vergleich mit Salesforce.com die vorgestern in ihre Serie "Bahnbrechende Ideen erobern neue Märkte" auf die Erfinder von Software on Demand eingingen. Die meisten Beteiligungen von Internet Capital sind auf diesem Sektor tätig.

Nun aber zu den Unterschieden in der Bewertung: Die 600 Millionen Umsatz von Salesforce.com werden mit 6 Milliarden Dollar bewertet, das ist das 10-fache des Umsatzes. Internet Capital 165-170 Millionen an anteiligen Umsätze von den verschiedenen Beteiligungen nur mit 290 Millionen (485 Millionen Marktkapitalisierung minus 195 Millionen Cash/Wertpapiere) - das ist nur 1.7-fache des Umsatzes. Dabei ist das Wachstum des Umsatzes bei den Beteiligungen von Internet Capital mit im Durchschnitt 30% nicht kleiner als das von Salesforce.com, wo aber der Umsatzdollar sechsmal so hoch bewertet wird, obwohl zudem Internet Capital noch zusätzlich den Vorteil der Risikostreuung bietet.    

glauben. Libuda kann sich Aussagen dazu absolut erlauben, denn er hat wohl als einziger Poster auf deutschen Aktienboards damals unter der ID snag auf diversen Aktienboards massiv für einen Einstieg plädiert. Er gibt er hier auch zu, auch bei 200 wieder ausgestiegen und damit die Bestände in Internet Capital erhöht zu haben. Auch Internet Capital haben sich seit dieser Zeit in etwa verdoppelt. Auf der anderen Seite traut Libuda Internet Capital in den nächsten 18 Monaten eine Verdoppelung bis Verdreifachung zu, Google bei weitem nicht. Und dazu hält er die Risiken bei Google für sie viel größer, denn niemand kann garantieren, dass jemand Google nicht zumindest in seinem Wachstum beschneidet.

STOCKS BETTER THAN GOOGLE<<<  (Not rated)       4-Nov-07 04:37 am     Google is an excellent company, but 18-times-revenues are a very high valuation. Compare with another internet-stock with a lower growth of revenues (30% year over year), but only a valuation of 1.7-times-revenues:

www.internetcapital.com/pdf/prese...

This fallen angel of the dot-com-bubble is now debt-free, has additional 200 million cash/securities (by a market-cap of only 485 million) and has a lot of excellent companies in his portfolio. Test it and go to:

www.freeborders.com

(Internet Capital owns 33% of Freeborders)

www.icgcommerce.com

(Internet Capital owns 65% of ICGCommerce)

www.creditex.com

(Internet Capital owns 15% of Creditex)

www.metastorm.com

(Internet Capital owns 32% of Metastorm)


www.starcite.com

(Internet Capital owns 26% of Starcite)


www.channelintelligence.com

(Internet Capital owns 41% of Channelintelligence)

www.whitefence.com

(Internet Capital owns 35% of Whitefence.com)


www.vcommerce.com

(Internet Capital owns 46% of VCommerce)

www.anthemvp.com

(Internet Capital owns 9% of Anthem Venture)


www.emptoris.com

(Internet Capital owns 5% of Emptoris)


Sentiment : Strong Buy

ICG reported consolidated revenue of $14.6 million for the third quarter of 2007, versus $16.6 million for the comparable 2006 period. ICG reported consolidated revenue of $38.9 million for the nine months ended September 30, 2007, versus $47.7 million for the comparable 2006 period.ICG reported a net loss of $(4.0) million, or $(0.11) per diluted share, for the third quarter of 2007, versus net income of $13.4 million, or $0.34 per diluted share, for the comparable 2006 period. Results for the third quarter of 2007 include $3.3 million in net gains, compared to $21.1 million in net gains in the 2006 period, primarily related to gains from dispositions. ICG reported a net loss of $(27.6) million, or $(0.73) per diluted share, for the nine months ended September 30, 2007, versus net income of $0.7 million, or $0.02 per diluted share, for the prior year period.

na das klingt aber gar nicht so gut
und der Chart ist auch nicht mehr überzeugend.Volumen minus 37%