Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

Denn wenn auch nur das Gerücht aufkommt, dass die SEC in den Ameisenhaufen der Manipulationem hineinsticht, wird der Kurs explodieren, denn die Explosionsmasse, die die legalen und vor allem die nackten Shorter angehauft haben, ist schier unglaublich. Und über allzu lange Zeit kann auch die SEC, die das aufgund ihrer Besetzung mit Ex-Bänkern so weit wie mögich nichts tut (denn eine Ex-Krähe versucht einer aktuellen Krähe kein Auge auszuhacken)´, was ja neben dem späteren Ergattern guter Posten auch sehr bequem ist, denn denen sitzen glücklicherweise Leute wie Mr. Spitzer im Nacken und ein mehr demokratischer Senat und ein ensprechendes Repräsentantenhaus schaden in dieser Hinsicht auch nichts.


Does the SEC ignore manipulations by smaller companies  (Not rated)       3-Jun-07 11:39 am     like Internet Capital with market-caps under one billion? I believe, that the SEC ignore such manipulations by Internet Capital, because I believe we have an increasing of not legal naked shorting of between 15% and 20% of the outstanding shares in last year?

We must look at the context between the increase of short interest and the development of the holding of the institutionals.

The short interest increased in the last year from about 7% of the outstanding shares to 12% of the outstanding shares.

The instituional holdings increased in the last year near 30% of the oustanding shares to 83,7% of today?

And therefore we have a gap of selling. Who had sold the 25% from this gap to institutionals like Fideliy, who are now the greatest owner with about 12% of the outstanding shares?

 

Börse
Frankfurt

Aktuell
8,45 EUR

Zeit
04.06.07  11:25

Diff. Vortag
-3,43 %

Tages-Vol.
6.221,75

Gehandelte Stück
735

Geld
8,40

Brief
8,55

Zeit
04.06.07  11:25

Spread
--

Geld Stk.
1.000

Brief Stk.
1.000

Schluss Vortag
8,75

Eröffnung
8,50

Hoch
8,50

Tief
8,40

52W Hoch
9,35

52W Tief
6,20

Split (10.05.04)
20:1

Split (13.12.99)
1:2


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Analyse
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Handelsplätze LiveTrading Geld Brief Datum Zeit Gestellte Kurse
LT Lang & Schwarz 8,42 8,70 04.06.07 12:07 847

Über diese Kursstellung, die sich nicht am letzten US-Kurs orientiert, der war umgerechnet 8,57 versucht der zuständige Skontrenführer wie schon vorher über Monate den Handel in Frankfurt abzuwürgen und im Vorfeld der US-Eröffnung idiotische Kurse zu präsentieren. Selbst für 8.55 verkauft der Skontrenführer auch garantiert nichts. Leider nimmt das Bafin auf diese schwachsinnige Kursstellung keinen Einfluss.

Die heute zu 8.40 gehandelten Menge sind vermutlich durchgehandelt, um den Kurs zu manipulieren. Durchgehandelt heißt, dass Käufer und Verkäufer identisch sind.

Langer Rede kurzer Sinn: Mit Limit unter 8,60 kommt Ihr in Frankfurt mit sinnvollen Mengen nicht zum Zug, auch wenn ihr ein Abstauberlimit bei 8,50 solltet.  

Freeborders Again Ranked on Elite Global Services 100 List  (Not rated)       4-Jun-07 07:33 am     Freeborders Again Ranked on Elite Global Services 100 List
Premier Offshore Provider among “Top Ten to Watch in Emerging Asian Markets”

SAN FRANCISCO, CA (May 29, 2007) -- Freeborders, a leading provider of solutions and outsourcing from China, has been named to the 2007 Global Services 100, the only objective awards program of its kind in the offshore outsourcing industry. Freeborders was also honored in the 2006 Global Services 100 ranking.

Freeborders was also honored as one of the “Top 10 to Watch in Emerging Asian Markets” by Global Services 100 listing. This honor confirms Freeborders’ standing in the top tier of worldwide outsourcing service providers.

“Freeborders’ ranking as one of the ‘Top 10 to Watch in Emerging Asian Markets’ is a recognition of our commitment to providing world-class offshore services delivery and our passion for client satisfaction,” said Jean Cholka, chief executive officer of Freeborders. “We are delighted to be honored as a leading provider of technology and business services,”

Created as a tool for buyers of business and technology services, the Global Services 100 recognizes excellence among global service providers that demonstrate leadership, innovation and outstanding performance in information technology outsourcing and business process outsourcing.

In this highly competitive ranking, judges from Global Services magazine partner and outsourcing consulting firm neoIT evaluated companies’ achievements in four key areas: financial, operations, clients and people.

About Freeborders
Freeborders is a US-based, global provider of outsourcing solutions with development centers in China. The company specializes in a broad spectrum of information technology and information technology enabled services. Our state-of-the-art infrastructure, experienced management team, and highly skilled associates deliver our clients award-winning customer support and quality. Freeborders is assessed at Level 5 of the SEI’s CMMI, and is ISO 27001 as well as ISO 9901-2000 certified. To learn more visit: www.freeborders.com.

About Global Services
Global Services is an integrated media brand with a portfolio offering that includes a magazine, a Web site, events, a newsletter and customized solutions. Global Services’ audience consists of corporate professionals engaged in the sourcing and management of business and technology services. Global Services is owned by CMP-CyperMedia, LLC. The editorial team is co-located in the United States and India.

About neoIT
neoIT is a management consulting firm that helps leading corporations improve and grow their business by capitalizing on services globalization. Through a blend of strategic advisory services and hands-on execution support, neoIT provides advice and management expertise on the globalization of Information Technology (IT) and Business Process Outsourcing (BPO) services. For more information, visit www.neoIT.com.  

Freeborders Earns ISO 27001:2005 Certification
Industry Leader Among First Offshore Providers in China to Meet Rigorous ISO Standards

SAN FRANCISCO, CA (May 29, 2007) -- Freeborders, a leading provider of solutions and outsourcing from China, has earned ISO 27001 certification, the globally recognized standard for managing information security. Freeborders is one of the first offshore providers in China to earn this prestigious certification from the International Organization for Standardization (ISO).

"Risk management is at the top of the corporate agenda and ISO 27001 certification is an important independent recognition of Freeborders’ rigorous commitment to information security for our customers,” said Jean Cholka, chief executive officer of Freeborders. “Security is such an important issue that many of our customers will only work with offshore providers that have internationally recognized security certification.”

ISO 27001 certification involves complying with more than 100 different requirements in the areas of organizational security, incident management, risk management and compliance.

“Freeborders’ investment in processes, controls and technology to meet the requirements of the ISO standard signifies the importance that we place on protecting our customers’ confidential information and ensuring the reliability of their systems,” added Cholka. “Customers entrust Freeborders with data that is the lifeline of their business and ISO certification confirms that our systems conform to the industry’s highest standards for confidentiality, integrity and availability.”

About Freeborders
Freeborders is a US-based, global provider of outsourcing solutions with development centers in China. The company specializes in a broad spectrum of information technology and information technology enabled services. Our state-of-the-art infrastructure, experienced management team, and highly skilled associates deliver our clients award-winning customer support and quality. The company is assessed at Level 5 of the SEI’s CMMI, and is ISO 27001 as well as ISO 9901-2000 certified. To learn more visit: www.freeborders.com.

 

 

Internet Capital owns 41% of Metastorm:

Metastorm Named as a Finalist in eWeek’s 7th Annual Excellence Awards Program

Leading BPM Provider Joins IBM and WebMethods as Top 3 Finalists in Business Integration Systems Category

BALTIMORE, MD – June 5, 2007– Metastorm, a leading provider of Business Process Management (BPM) software for organizational agility, innovation, and governance, today announced that eWEEK, a Ziff Davis Media publication and one of the IT industry’s leading enterprise magazines, has named the Metastorm BPM® software suite a finalist in eWEEK’s seventh Annual Excellence Awards program, in the Business Integration Systems category. Winners will be announced on June 11th at eWEEK.com and will be published in a special report in the June 25th edition of eWEEK.

“We invest heavily in product innovation to ensure that the Metastorm BPM suite delivers substanstial customer value and sets the bar for other business process management solutions,” stated Greg Carter, CTO and vice president of product development for Metastorm. “We offer a complete software suite for optimizing both human-centric and integration-centric business processes on a global scale, while still maintaining the flexibility and agility necessary to support rapid deployment, a fast return on investment, and a low overall total cost of ownership as business processes and integration needs change over time. We are pleased to be recognized by eWeek as one of the top 3 finalists in the business integration systems category.”

The eWEEK Excellence Awards program provides enterprise professionals with a comprehensive benchmark for assessing a wide range of technology products and services. Evaluating the entries is a panel of experts including eWEEK Labs analysts and eWEEK Corporate Partners – senior enterprise IT professionals who act as reader representatives..

"We were very impressed by the quality of the entries we received this year, as well as by the number of entries—more than 800,” said eWEEK Editorial Director Eric Lundquist. “It was a real challenge to choose the finalists because all of the entries reflect the tremendous effort the industry is making to respond to the increasing demands businesses are placing on technology.”

Products and services were awarded in the following categories:

Analytics & Reporting
Application Development
Business Integration Systems
Business Relationship Management
Desktop & Mobile Hardware
E-Business Foundations
E-Mail Management & Security
Enterprise Collaboration
Enterprise Storage Hardware
Enterprise Storage Software
IT Quality Assurance Tools
Productivity Applications
Server Hardware
Networking & Management Tools
Networking Infrastructure
Systems & Application Management
Authentication & User Management
Network Data-stream Protection
Vulnerability Assessment & Remediation



About Metastorm
With a focus on improving processes for greater innovation, agility, and governance, Metastorm leads the market in business process management (BPM) software and best practice methodologies for human and system-based processes. Going beyond the basics of modeling and automation, the Metastorm BPM® Suite supports the complete process lifecycle and is designed specifically to address complex processes that are unique to organizations. Metastorm’s 1300+ global client base in manufacturing, retail, financial services, business services, healthcare and government are achieving rapid ROI and Enterprise Process Advantage® in customer service, supply chain operations, risk management, and internal operations.
 

von Creditex, dem weltweit größten Interdealer-Broker auf dem Markt für Kreditderivate. Internet Capital hält an Creditex, deren Wert zwischen einer und zwei Billionen Dollar liegen dürfte, 15%.

QWIXX is an subsidiary of Creditex. Internet Capital owns 15% of the biggest interdealer-broker of the world.

Q-WIXX Launches With Broad Market Support;
Major Dealers, Liquidity Providers Sign On For New Platform
London & New York, June 5, 2007— Q-WIXX, an electronic platform for trading large portfolios of single- name credit default swaps (CDS), today announced the official launch of its ground-breaking, automated service for the global market, with broad support from major market participants.
Major credit derivative dealers and liquidity providers already have joined the platform, signaling strong market interest and a rapid rate of adoption. Dealers include BNP Paribas, Deutsche Bank, Goldman Sachs, HSBC, JP Morgan, Merrill Lynch, and UBS. Four additional dealers are in the process of on-boarding to the Q-WIXX platform.
Q-WIXX is set up to assist dealers, correlation desks, prop desks, hedge funds and other buy-side market participants in achieving vastly improved pricing and processing efficiencies when executing transactions known as Offers Wanted in Competition ("OWICs") or Bids Wanted in Competition ("BWICs"). Distributed to participating bidders via a network used actively by more than 1,000 CDS traders at the top 20 major dealers in the US and Europe, Q-WIXX allows for competitive pricing by major dealers and also provides clients with live prices, making it easier to execute trades while reducing communication and execution time. The trades that typically took hours can be done in a matter of minutes through Q-WIXX, with reduced market risk for both the buy-side and sell-side and significantly increased assurance of execution.
Through its connection to T-Zero, the market leader in post-trade connectivity, the Q-WIXX platform provides significant post-trade benefits, offering a holistic solution to clients. Post-trade processing of lists is particularly cumbersome because the bulk nature of list trading currently results in very high levels of operational activity, which can dramatically increase the potential for error and backlogs in trade booking.
"When executing large portfolios of credit derivatives, the existing process of booking transactions is manually intensive, prone to errors and delays, and is unscalabe,” said Pierre Mathieu, Head of European Flow Credit Trading at BNP Paribas.“Q-WIXX provides the necessary technology infrastructure to electronically deliver straight-through-processing of credit derivatives.”
“
At its inception, Q-WIXX is being supported by a very significant and broad group of dealers,” said Alex Bernand, Global Head of Credit Correlation at Deutsche Bank. “This is a reflection of both the need for a standardized market solution and the very high quality of the Q-WIXX product."
"This is market-changing technology," said Stephen Grady, Global Head of Trading at Fortis Investments. "Q-WIXX list execution, combined with T-Zero post-trade processing, provides buy-side institutions, such as ourselves, with the ideal end-to-end solution."
"While active banks, hedge funds, correlation and prop trading desks and buy side accounts have individually and separately developed automation to execute large portfolios of credit derivatives, Q-WIXX has been created to develop a standardised, scalable and common platform that helps address the needs of the entire market," said Oliver Carter, Director of European Flow Credit Trading at HSBC.
""The amount of time, energy, errors and therefore money that both buy side and sell side could save makes a standardized, scalable and common platform like Q-WIXX a welcome addition to the market," said Guy America, head of European credit trading at JPMorgan in London.
"With the expanding credit derivatives market, UBS welcomes the development of products such as Q-WIXX that help provide efficient execution and processing,” said Grant Lovett of UBS. “We look forward to helping create this necessary efficiency, scale and automation in the credit derivatives  
 

noch einmal, das schon in 2006 und auch in 2005 bei 50% lag.

In 2006 the revenues of Creditex was 135 million and the growth-rate of revenues in 2006 was 50%, in 2005 was the growh-rate ov revenues 50%, too. And we have read in the report of the first quarter, that the growth continue. In the result the revenues of Creditex will be about 200 million in 2007. We had in the last weeks a lot of ipos and take-over of comepetitors with sensationel multiples of revenues between 10 and 15. By 10-times-revenues Creditex has a worth of 2 billion and the 15% of Internet Capital has a worth of 300 million.

Very important for the valuation of Creditex: ISE has equal revenues like Creditex and worth of 2,8 billion.

Times OnlineApril 30, 2007

Deutsche Boerse agrees $2.8bn US takeover
Deal to buy New York's ISE will create the largest transatlantic derivatives exchange Robert Lindsay
Deutsche Boerse, the owner of the Frankfurt stock market, tonight agreed a $2.8 billion cash takeover of the New-York-based International Securities Exchange.

Deutsche Boerse said its Eurex subsidiary, jointly owned with Swiss Stock Exchange SWX, had signed an agreement with ISE's board to take it over for $67.50 a share.

The merger, subject to the approval of half of ISE's shareholders, will create the largest transatlantic derivatives marketplace and give Deutsche its long sought access to the fast-growing US derivatives market.

Deutsche Boerse added that cutting overlapping costs and cross selling products should allow it to save $50 million a year by 2012.


Earlier in the day Deutsche Boerse chief executive Reto Francioni presented the plan to acquire the electronic trading platform at a supervisory board meeting. Deutsche Boerse.

The price is a near 50 per cent premium to ISE's closing price on Friday and analysts believe the price was set deliberately high to try to pre-empt a bidding war from rivals.

The Frankfurt bourse was forced to confirm its plans for a merger this morning after news leaked.

Minutes later the ISE confirmed that it was "in advanced discussions that could lead to a possible business combination with Eurex."

The International Securities Exchange was founded only seven years ago as a fully electronic platform, it is the largest option market in the US for individual stocks.

Deutsche lost out in the most recent round of stock exchange consolidation, when the New York Stock Exchange bought Euronext, the owner of the Brussels, Amsterdam and Paris stock exchanges.

It had hoped to do its own merger with Euronext and before that had made several approaches to the London Stock Exchange.

Its latest move highlights the central part derivatives exchanges are now playing in the acquisition plans of bourses.

NYSE Euronext, which owns the successful London-headquartered Liffe market, has said that derivatives markets in the US would be central to the next phase of its growth strategy.

The Chicago Board of Trade was under offer by its former enemy, the Chicago Mercantile Exchange, until the upstart derivatives exchange ICE launched a counter-bid earlier this year.

And other competitor is Interactive Brokers:

http://prnewswire.com/cgi-bin/stories.pl...

Take a look at the strong growth-rate of revenues, the growth-rate of Creditex will be equal, because Creditex is working on the fastest growthing sector of derivatives: credit-derivatives.

And second: Interactive Broker has a valuation of about 10-times-revenues on the base of revenues of the first quarter.

Worth of Creditex on this base is between 1.4 and 1.6 billion. And the worth of the 15% of Internet Capital has worth between 21o and 240 million.


 

heißt die Devise, denn lange wird es diese Sonderpreise, die eine Kursverdoppelung oder -verdreifachung leichter machen, nicht geben.  

"gnadenenlös" günstig. Selbst wenn man auch 10 Euro auf Sicht von einem Jahre seinen Einsatz verdoppeln kann - aber mit einem Einstiegsöpreis von 8,50 Euro ist das nun einmal etwas einfacher.  

wird sich als eine der größten Spekualtionsblasen erweisen und mit einem Knall oder einen Anstieg in Stufen enden. Schon jetzt haben wir die aberwitzige Situation, dass sich die Institutionals 100% nähern. Sie kaufen von einem Leerverkäufer, der sich immer weiter in die Scheisse reitet - und das bei einem Unternehmen, das inzwischen völlig schuldenfrei ist, bei einer Marktkapitalisierung von 430 Millionen ca. 180 Millionen Cash/Wertpapiere hält und dessen Beteiligungen an diversen Private Helds nicht weit von einer Milliarde entfernt wert sein dürften. Da ist kaum Platz nach unten, sondern nur enormes Kurssteigerungspotenzial vorhanden. Ehe der Shortseller eindecken muss, sollte man sich eindecken. Im übrigen erinnert mich der Shortseller an die Gebrüder Hunt, die vor ca. 30 Jahre den Silbermarkt cornern wollten - einige werden sich noch dran erinnern. Als die SEC damals die Margins (Sicherheitsleistungen bei Termingeschäften) erhöhte, fiel das Kartenhaus zusammen. Auch jetzt könnte die SEC den Anlass für den Zusammenbruch eines Spekulationskartenhauses sein, wenn sie nämlich den nicht legalen Formen des nackten Shortens nachginge, die nach meinen Berechnungen neben den 12% offiziellen Zahlen noch einmal 20% der aussstehenden Aktien betragen dürften. Schon eine Ankündigung einer Untersuchung würde das Kartenhaus zum Einstürzen bringen.

100% or more institutional at the end of this quarter?  (Not rated)      20 minutes ago     Maybe, when the development of the last quarters continue, where legal shortsellers and not legal naked shortseller sold to the instituionals.

Let us take a look at the last numbers:

Holdings Summary

ICGE
Internet Capital Group, Inc. NASDAQ-GM


Institutional Holdings Description | Hide Summary



Company Details
Total Shares Out Standing (millions): 39

Market Capitalization ($ millions): $443

Institutional Ownership: 83.7%

Price (as of 6/5/2007) 11.46


Ownership Analysis # Of Holders Shares
Total Shares Held: 103 32,342,072

New Positions: 16 627,429

Increased Positions: 50 7,197,250

Decreased Positions: 34 4,262,364

Holders With Activity: 84 11,459,614

Sold Out Positions: 15 1,199,827



Click on the column header links to resort ascending () or descending ().


Owner Name
Select a name below for more information. Date Shares Held Change
(Shares) % Change
(Shares) Value
($1000)
FMR CORP 3/31/2007 4,470,196 3,744,080 515.63% $51,228

GENDELL JEFFREY L 3/31/2007 3,262,780 0 0.00% $37,391

DIMENSIONAL FUND ADV... 3/31/2007 3,250,151 137,447 4.42% $37,247

CAPITAL RESEARCH & M... 3/31/2007 3,100,000 25,000 0.81% $35,526

MASON CAPITAL MANAGE... 3/31/2007 1,623,324 1,200,582 284.00% $18,603


Let us look first on the differnce between the increased and decreased positions.

Increased Positions: 50 7,197,250

Decreased Positions: 34 4,262,364

If we subtract 4,262,364 from 7,197,250 is the result an increase of 2,934,886.


Let us second look at the differnce between the new positions and the sold out positions:

New Positions: 16 627,429

Sold Out Positions: 15 1,199,827

If we subtract 627,429 from 1,199,827 is the result an decrease of 572,398.

In a third step, we must subtract the decrease from 572,398 shares from the increase of 2,934,886. The result is an increase of 2,362,488 shares.

At the end of the first quarter institutional hold 32,342,072 shares of 39 million outstandig shares (= 83,7%).

If the developement of first quarter had continued (I am sure) and the institutional ownership had increased 2,362,488 shares again, the instituional ownership will be at the end of the second quarter at 34,704,560 of 39 million outstanding shares - that is a percentages not far away from 100%.


 

ist ICGE dabei:

WhiteFence, the Largest Online Home Services Marketplace, Acquires Competitor ConnectUtilities
Last Update: 8:01 AM ET Jun 7, 2007
HOUSTON, Jun 07, 2007 (BUSINESS WIRE) -- Executives at WhiteFence (www.WhiteFence.com), the nation's leading online comparison-shopping marketplace for residential home services, announced today that the company has acquired competitor ConnectUtilities ( www.ConnectUtilities.com). Beginning immediately, WhiteFence will integrate ConnectUtilities into its growing family of Web sites.
Both WhiteFence and ConnectUtilities offer the 110 million U.S. households the opportunity to compare pricing and order service plans for a variety of residential home services, including home telephone, high-speed Internet, natural gas and cable television, among others.
"While our strategy has been to grow WhiteFence organically, we're excited to take this next step and acquire ConnectUtilities," stated WhiteFence chief executive officer Eric Danziger. "Through this acquisition, we are able to grow our channel partner relationships, technology infrastructure and customer base as we further expand our national footprint."
ConnectUtilities, also founded in 2000, provides full-service utility connections online, while at the same time offering up-to-date promotions and cost saving opportunities.
WhiteFence recently completed its second round of funding, having raised $14 million led by new investor Adams Street Partners, in addition to Internet Capital Group, Inc. (ICGE)
 

nicht verarschen, wenn Ihr dort kaufen wollt, denn das ist in meinen Augen ein völlig unfähiger Kumpan, dem die Börsenleitung schon längst die Skontrenführung hätte entziehen müssen, da seine Kursfeststellungen auf keinen Fall die Marktlage widerspiegeln. Ihr kommt mit Euren Kaufaufträgen bei 8,10 nicht zum Zug - denn die Kurse werden in Frankfurt seit Jahren manipuliert, weil man diesen Kurs auf Yahoo in den USA im Vorfeld der dortigen Eröffnung zu Gesicht bekommt. Daher werden dort entweder Minimengen zu niedrigen Kursen gehandelt oder es wird (verbotenerweise) durchgehandelt wie heute vermutlich die 200 Stück zu 8,10.

Um es kurz zu machen: Ihr bekommt unter 8,20 keine großere Menge, wenn überhaupt zu diesem Kurs. Leider greift die Wertpapierhandelsstelle des Bafin trotz wiederholter Aufforderungen in diese Machenschaften nicht ein, obwohl Freiverkehr nicht heißt, dass man falsche Kurse fabrizieren darf. Ziel und zweck dieser nicht marktgerechten Kursfeststellungen ist es, erstens niedrige Kurse auf Yahoo im Vorfeld der US-Börseneröffnung stehen zu haben. Das wäre ja nicht schlecht, wenn Ihr davon beim Kaufen profitieren könntet. Das geht aber nicht, weil das entweder Minimengen sind oder durchgehandelte Mengen (Käufer und Verkäufer sind - meist über Dreiecks- und Mehrecksabwicklungen, damit die Manipulation nicht auffällt - identisch). Und damit ist auch das zweite Ziel erreicht: Weil in Deutschland zu niedrige Limits gesetzt werden, durch die nicht marktgerechten Kurse des unfähigen Skontrenführers, wird in Deutschland der Handel abgewürgt - was von den Verursachern gewollt ist.  

Zwar ist auch hier der Whitefence-Deal von Bedeutung, sehr viel wichtiger sind aber die im Artikel enhaltenen Aussagen des Analysten gegenüber Forbes:

Many Internet Capital properties have taken "proactive steps to improve their market positions  (Not rated)      53 minutes ago     WhiteFence Expands Territory
Evelyn M. Rusli , 06.07.07, 1:29 PM ET

Internet Capital Group

White Fence, the largest player in the fragmented U.S. industry for comparing home services such as utilities, solidified its position on Thursday by purchasing the rival ConnectUtilities. The companies did not reveal the price of the deal.

WhiteFence and ConnectUtilities allow consumers to comparison-shop for home services, such as utilities, phone and cable services. The move is a logical step for WhiteFence, which is affiliated with Internet Capital Group (nasdaq: ICGE - news - people ), an Internet incubator that survived the bursting of the dot.com bubble of the late 1990s.

Many Internet Capital properties have taken "proactive steps to improve their market positions,” Boenning & Scattergood analyst Bradley Mook told Forbes.com on Thursday. “There has been a lot of merger and acquisition activity in this portfolio.” Among the incubators, Internet Capital is known for taking an active role in providing operational and deal-making expertise for its holdings. Recent high profile acquisitions from its portfolio include StarCite's acquisition of OnVantage in 2006, and CreditTrade and Creditex's merger in July.

Internet Capital, holds a 36% stake in WhiteFence.

Even though WhiteFence is considered the leading home services provider, there are a lot of different vendors that specialize in various services and geographic regions. Thus, the acquisition will help it expand its reach, Mook said.

"While our strategy has been to grow WhiteFence organically, we're excited to take this next step and acquire ConnectUtilities," chief executive officer, Eric Danziger, said in a statement on Thursday. "Through this acquisition, we are able to grow our channel partner relationships, technology infrastructure and customer base as we further expand our national footprint."


Sentiment : Strong Buy

 

insbesondere wenn man Dinge wie folgenden von dem Analysten aus dem vorhergehenden Artikel zum Lesen bekommt:

Many Internet Capital properties have taken "proactive steps to improve their market positions,” Boenning & Scattergood analyst Bradley Mook told Forbes.com on Thursday. “There has been a lot of merger and acquisition activity in this portfolio.” Among the incubators, Internet Capital is known for taking an active role in providing operational and deal-making expertise for its holdings. Recent high profile acquisitions from its portfolio include StarCite's acquisition of OnVantage in 2006, and CreditTrade and Creditex's merger in July.
 

keine Zeit mehr lassen, wenn man denn rein will, und man sollte auch nicht in Etappen einsteigen, denn ein Shortsquezze kann jederzeit zu einem gewaltigen Jump führen, obwohl auch ein Anstieg in Etappen möglich ist, wenn BIG SHORT neben Eindeckungen auch immer wieder verkauft. Letzteres hat er schon einige Zeit versucht, aber als Endergebnis kam immer heraus, dass die Verkäufe höher sein mussten als die Eindeckungen sein konnten.


About one of biggest Shortseller-Bubble  (Not rated)       9-Jun-07 05:58 am     in the history.

The following numbers are only the official shortseller numbers. Not legal naked shorting can't be part of this lists:
Short Sellers Line Up Against CMGI & Incubators (May 2007) (CMGI, ICGE, SFE)
Stock Tickers: CMGI, ICGE, SFE

The short sellers are lining up their bets against CMGI (CMGI-NASDAQ). To add fuel to the fire, the shorts are also lining up bets against the other two 'incubators': Internet Capital Group (ICGE-NASDAQ) and Safeguard Scientifics (SFE-NYSE). CMGI earnings are coming out soon, it will be interesting to see if these short bets are right or wrong. CMGI shares are up almost 75% year to date and we don't need to remind anyone of the internet bubble day prices in the stock. The company has been transforming itself into ModusLink as its operating unit, and its @Ventures unit is still alive as an Internet incubator and has been increasing its investments in alternative energy.

Stock (Ticker) MAY APRIL Change FLOAT%
CMGI (CMGI) 27.35M 22.48M 19.8% 5.9%
Internet Cap. (ICGE) 4.81M 4.64M 3.7% 13.7%
Safeguard Sci. (SFE) 6.62M 5.98M 10.69% 5.5%

Jon C. Ogg
May 25, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

By the numbers of the free float is place under, that the institutional holding is part of the free float. But that is nonsense, because a great part of 83,7% of institutional holding of the 39 million outstanding shares is long term-investing, which is not free for dispositions - for example the 12% (9% bought in first quarter of 2007) of Fidelity. That makes the sitution of BIG SHORT and his friends more dramatically.

But what the situation of the shortseller makes extreme dramatically is, that beside the official numbers great numbers of not legal naked shorting exist - after my estimates more than 20% of the outstanding shares.


Sentiment : Strong Buy

flankenking


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 Re: About one of biggest Shortseller-Bubble  (Not rated)       9-Jun-07 09:48 am     Does the SEC ignore manipulations by smaller companies like Internet Capital with market-caps under one billion? I believe, that the SEC ignore such manipulations by Internet Capital, because I believe we have an increasing of not legal naked shorting of between 15% and 20% of the outstanding shares in the last year.

We must look at the context between the increase of short interest and the development of the share-holding of the institutionals.

The short interest increased in the last year from about 7% of the outstanding shares to 12% of the outstanding shares.

The instituional holdings increased in the last year near 30% of the oustanding shares to 83,7% of today?

And therefore we have a gap of selling. Who had sold the 25% from this gap to institutionals like Fidelity, who are now the greatest owner with about 12% of the outstanding shares?

Nevertheless was this 25% of outstanding shares coming alone from privates - I believe the smaller part, when we look at the very small percentages of the private investors on volume, we can see by Thomson Financial. I believe between 15% and 20% comes from naked shorting - most not legal. And I can't understand the SEC, that they don't take any control and is breaking the existing rules. I believe, the SEC hadn't take any control by the brokers and the brokers don't take any controls by their clients, which are bringing provisions.

Holdings Summary

ICGE
Internet Capital Group, Inc. NASDAQ-GM


Institutional Holdings Description | Hide Summary



Company Details
Total Shares Out Standing (millions): 39

Market Capitalization ($ millions): $447

Institutional Ownership: 83.7%

Price (as of 5/24/2007) 11.57


Ownership Analysis # Of Holders Shares
Total Shares Held: 103 32,342,072

New Positions: 16 627,429

Increased Positions: 50 7,197,250

Decreased Positions: 34 4,262,364

Holders With Activity: 84 11,459,614

Sold Out Positions: 15 1,199,827



Click on the column header links to resort ascending () or descending ().


Owner Name
Select a name below for more information. Date Shares Held Change
(Shares) % Change
(Shares) Value
($1000)
FMR CORP 3/31/2007 4,470,196 3,744,080 515.63% $51,720

GENDELL JEFFREY L 3/31/2007 3,262,780 0 0.00% $37,750

DIMENSIONAL FUND ADV... 3/31/2007 3,250,151 137,447 4.42% $37,604

CAPITAL RESEARCH & M... 3/31/2007 3,100,000 25,000 0.81% $35,867

MASON CAPITAL MANAGE... 3/31/2007 1,623,324 1,200,582 284.00% $18,782



1 2 3 4 5 6 Next
Page 1 of 6


12% official shortselling and additional, I believe, near 20% of the outstanding shares naked shorting, who is not part of official numbers, are a giantic percentage of more than 30%. And that all by 83.7% of the outstanding shares institutionals and about 4% insiders (management and other).

I never had seen such a shortseller-bubble, and I am sure, a shortquezze will follow. But what I can't understand is: The SEC can do an equal math like Flankenking and the result can only be: There must be an strong increase of not allowed shortselling?

First question: Why does the SEC not act?

Second question (for readers of this board): What is your opinion, why the SEC doesn't act? Can BIG MONEY buy authorities?


Sentiment : Strong Buy


 

Investieren entlang dieses Trends ist sicher nicht verkehrt.In Euro am Sonntag von heute heißt es dazu:"Das Web boomt - TV-Werbung verblasst. Der Branchendienst GroupM schätzt, dass die Umsätze mit Online-Werbung in diesem Jahr mit weltweit 33 Milliarden erstmals mehr als acht Prozent des Reklamebudgets erreichen werden. Im größten Markt USA wurden 2006 knpp sechs Prozent von 285 Milliarden Dollar Werbegeld im Internet ausgegeben."

Auch Internet Capital ist in diesem Markt hervorragend investiert, nämlich mit einer 40%-Beteiligung an Channelintelligence, die Ihr Euch einmal genauer ansehen solltet.

http://www.channelintelligence.com  

die Finger.

In Euro am Sonntag heißt es nämlich in Fortsetzung des Artikel aus dem vorhergehenden Posting:

"Weil mehr Geld in animierte Formate wie dynamische Bilder und Videos fließt, beschloss Webriese Google, bisher bekannt als dominierender Anbieter von Textwerbung im Bereich von Suchmaschinen, in die neue Welt zu expandieren. Im Apirl schnappte Google für 3,1 Milliarden der Konkurrenz den Werbspezialisten Doubleclick vor der Nase weg.

Die Reaktion der Konkurrenz ließt nicht lange auf sich warten. Die Niederlage im Kampf um Doubleclick verleitete Nebenbuhler Mircosoft zur bisher größten Übernahme seiner Geschichte. Für sechs Millionen kaufte der Riese aus Redmont Aquantive, den größten Rivalen von Doubleclick."

Auch wenn Internet Capital für seine 40% an Intelligence Channel 2006 relativ wenig bezahlt hat, dürfte die 40% inzwischen 100 Million wert sein, wenn man die Preis zugrundelegt, die für Doublclick und Aquantive gezahlt wurden. Denn zwei Dinge konnte man 2006 noch nicht absehen:

- die Schnelligkeit, mit der IntelligenceChannel nur innerhalb eines Jahres gewachsen ist, denn die wachsen noch sehr viel schneller als Doubleclick und Aquantitative (und bekommen noch zusätzlichen Zulauf von vielen Google- und Mircrosoft-Kunden, die sich nicht völlig in die Arme dieser beiden Kraken werfen wollen)

- die explodierende Preise, die dieses Segement in 2007 kennzeichnet  

sie hätten früher gekauft, heißt es in dem folgenden Abschnitt aus Euro am Sonntag:

"Für die traditonellen Medienagenturen stellt das Vordringen von Google & Co. in ihr ureigenstes Geschäftsfeld eine massive Bedrohung dar. Nach dem Motto "Angriff ist die beste Verteidigung" spielen sie nun selbst Monopoly. Die britische WPP-Group, weltweit der zweitgrößte Verbund von Werbeagenturen, kaufte sich 24 Stunden vor dem Aquantive-Deal von Microsoft den US-Internetspezialisten 24/7 Real Media. WPP-Chef Martin Sorell machte keinen Hehl daraus, dass der Google-Vorstoß letztendlich der Auslöser für die Aquisitation war. "Einige der Großen der Brauche wünschen sich, sie hätten früher gekauft", weiß Bob Davies, Partner beim US-Finanzinvestor Higehland Capital Parnters."

Internet Capital hat mit den 40% von ChannelIntelligence gerade noch rechtzeitig gekauft und sogar vermutlich auch im aussichtsreichsten Bereich des aussichtsreichen Marktes.  
 

11.06.2007 16:59
Internet Capital Group verkauft Tochterunternehmen
Wayne (BoerseGo.de) - Internet Capital Group, (Nachrichten) ein Finanzunternehmen das sich auf Investments in Internetsoftwareunternehmen spezialisiert hat, hat sein Tochterunternehmen Marketron International an die Finanzgruppe Wicks Group of Companies für 36,7 Millionen Dollar verkauft. Rund 8 Millionen Dollar werden nach Steuern dem Zweiquartalergebnis für 2007 zugerechnet.

Internet Capital Group verlieren 0,09 Prozent auf 11,30 Dollar.





 

New Analyst Research Report  (Not rated)      11-Jun-07 06:06 am     My target is higher than the $14.50 of this report, but this $14.5 are 30% higher than the prices of today.

Analyst Research Report Snapshot


title: Henley and Company comments on Internet Capital's (ICGE) Q1 2007 earnings report

price: $30.00
provider: Henley & Company
file info: Available for Immediate Download date: 10 May 2007 pages: 10 type: AcrobatPDF
companies referenced: ICGE SFE CMGI
summary:
Prev Next
Please find attached a new Research Report issued by Henley & Company, LLC on May 10, 2007
regarding Internet Capital Group, Inc. (ICGE). This is an update report, due to the
company’s recent earnings release. We have maintained both our “Buy” rating and our
$14.50 12 month price target. The report has been approved for public dissemination.

Henley and Company is a full service brokerage firm that offers both institutional and
retail services. Please visit their website at www.Henleyandcompany.com or call Charles
Giaquinto at 212-675-4100 to learn more about the research and institutional services.


Sentiment : Strong Buy

flankenking


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 Re: New Analyst Research Report  (Not rated)      11-Jun-07 04:53 pm     I believe, a anaylist can't speak from a doubling of the share-price, like Flankenking can. And therefore, I believe, the named increase of about 30% is a very good valuation.


Sentiment : Strong Buy

flankenking


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 Re: New Analyst Research Report  (Not rated)      11-Jun-07 05:03 pm     SUPERIOR INVESTMENT ADVICE
AND SERVICE SINCE 1986
Welcome to the website of Henley & Company LLC. For twenty years, our corporate affiliate Henley & Company Inc. has provided superior investment advice based upon your individual needs. Henley & Company, now Henley & Company LLC is a New York based, NASD/MSRB/SIPC firm and a full-service network of investment professionals.


Sentiment : Strong Buy

flankenking


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 Re: New Analyst Research Report  (Not rated)      11-Jun-07 10:52 pm     Do you know anything else about Henley & Company? How many analyst follow ICGE?


Sentiment : Strong Buy
Rate it:
     
blue_sky_invest


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 Re: New Analyst Research Report  (Not rated)      46 minutes ago     In December 2006 Boenning & Scattergood startet with a rating. The come from the region of Philadelphia like Internet Capital, too. But I believe, analyst must be a start of a rating very cautios and therefore, I believe was the target of only $13 very conserative.

Boenning & Scattergood Announces Investment Opinion on Internet Capital Group, Inc.
Publication: Business Wire
Date: Dec 11 2006
Subject: Investment companies
Product: Investment Companies, Investment Funds & Trusts


WEST CONSHOHOCKEN, Pa. -- Boenning & Scattergood initiated coverage of Internet Capital Group, Inc. (NASDAQ:ICGE) with a Market Outperform rating and a 12-month price target of $13. Internet Capital Group is a holding company that invests in and assists in the development of privately held on-demand

software companies. Our investment thesis is based largely on three key factors:

* ICGE is trading at a 30-35% discount to our $13 estimation of adjusted net asset value (NAV), and its current stock price level values its private portfolio interests at a 50-55% discount to publicly traded on-demand valuation averages.

* The underlying ownership portfolio is gaining value through improving operating performance, consolidation activity and new investment activity, which should drive adjusted NAV higher in the coming quarters.

* The healthy IPO and particularly M&A climate is creating opportunities to realize value on solidly performing holdings and clean up underperforming holdings. Similar to portfolio performance, increasing deal velocity in the model is likely to drive adjusted NAV higher as well.

About Boenning & Scattergood: Founded in 1914, Boenning & Scattergood, Inc. is the oldest independently owned investment securities firm in the Philadelphia region. The firm offers a full complement of investment services to institutional, retail and corporate clients, including research, sales, trading, investment banking and public finance. For more information, please visit www.boenninginc.com.


Sentiment : Strong Buy

flankenking


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 Re: New Analyst Research Report  (Not rated)      22 minutes ago     Üpdates to $15 on June 11,2007 trough Boenning & Scattergood

LATEST NEWS
Boenning & Scattergood Updates Investment Opinion on Internet Capital Group, Inc.

June 11, 2007—INVESTMENT CONCLUSION —We continue to recommend purchase of ICGE shares with a Market Outperform rating and 12-month price target of $15, noting that the company’s portfolio continues to gain value and its deal activity continues. Internet Capital Group provides a unique opportunity for investors to participate in the significant value being created by privately held on-demand software companies. We believe that improving fundamental performance by ICG’s portfolio companies and pending deal activity—including investment, portfolio M&A and exit events—are likely to increase the underlying value of (and investor interest in) the shares. In addition, we believe the recent stock price represents a compelling discount to our reasonably conservative $15-plus calculation of the aggregate market value of the company’s investment portfolio.

Click here to download the file. You can also right-click the link and choose to "save the link as" a file on your desktop.

« Back to News

©2006 Boenning & Scattergood, Inc. All rights reserved. Membe


Sentiment : Strong Buy

flankenking


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 Re: New Analyst Research Report  (Not rated)      11 minutes ago     We must look exactly, what Boenning & Scattergood said:

"In addition, we believe the recent stock price represents a compelling discount to our reasonably conservative $15-plus calculation of the aggregate market value."

Part of this message is first, that they describe the target of $15 as conserative.

Part of this message is second, that they had not only a target of $15, they say "$15-plus calculation", that means it can be a lot more than $15.


Sentiment : Strong Buy

flankenking


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daher jetzt zuschlagen - damit man sich in einem Jahr bei $25 nicht ärgert.  

quelle: newratings.com

Internet Capital "market outperform"

Tuesday, June 12, 2007 8:40:00 AM ET
Boenning & Scattergood

NEW YORK, June 12 (newratings.com) - Analysts at Boenning & Scattergood maintain their "market outperform" rating on Internet Capital Group Inc (ticker: ICGE). The 12-month target price is set to $15.

In a research note published this morning, the analysts mention that the company has announced the sale of its portfolio company Marketron International to The Wicks Group. The cash proceeds of approximately $36.7 million are significantly higher than expected, the analysts say. Internet Capital’s portfolio continues to gain value, Boenning & Scattergood adds.

 

Wenn der Shortseller, der ohne jede Chance ist und sich weiter in die Scheiße reitet, wirft, sollte man kaufen:

Shortselling-positions increased today  (Not rated)      12-Jun-07 11:30 am     in only the first two hours about 100,000 shares. I believe you should buy, before the shortseller will or must cover.


Sentiment : Strong Buy

flankenking


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 Re: Shortselling-positions increased today  (Not rated)      3 minutes ago     But the increasing of the gigantic shortselling positions (about 5 million (official numberbs) of 39 million outstanding shares and I believe addtional about 10 million not legal naked shorting, which is not part of the official numbers) has no chance, because we have an institutional holding of 83,7% - and most of the following holders are long term investors like Fidelity, the biggest owner with about 12% of outstanding shares:


Owner Name Select a name below for more information. Date Shares Held Change(Shares) % Change(Shares) Value($1000)
FMR CORP 3/31/2007 4,470,196 3,744,080 515.63% $50,558

GENDELL JEFFREY L 3/31/2007 3,262,780 0 0.00% $36,902

DIMENSIONAL FUND ADV... 3/31/2007 3,250,151 137,447 4.42% $36,759

CAPITAL RESEARCH & M... 3/31/2007 3,100,000 25,000 0.81% $35,061

MASON CAPITAL MANAGE... 3/31/2007 1,623,324 1,200,582 284.00% $18,360

SCHNEIDER CAPITAL MA... 3/31/2007 1,555,417 (134,050) (7.93%) $17,592

BARCLAYS GLOBAL INVE... 3/31/2007 1,549,462 (84,767) (5.19%) $17,524

EMERALD ADVISERS INC... 3/31/2007 1,221,576 155,185 14.55% $13,816

PEQUOT CAPITAL MANAG... 3/31/2007 1,219,200 479,200 64.76% $13,789

COLUMBIA PARTNERS L ... 3/31/2007 1,215,399 189,014 18.42% $13,746

MELLON FINANCIAL COR... 12/31/2006 971,192 (1,465,389) (60.14%) $10,984

EAGLE ASSET MANAGEME... 3/31/2007 758,375 10,455 1.40% $8,577

TCW GROUP INC 3/31/2007 742,984 96,008 14.84% $8,403

STATE STREET CORP 3/31/2007 673,288 92,995 16.03% $7,615

TUDOR INVESTMENT COR... 3/31/2007 596,388 0 0.00% $6,745

VANGUARD GROUP INC 3/31/2007 553,519 50,517 10.04% $6,260

ENGEMANN ASSET MANAG... 3/31/2007 483,090 93,010 23.84% $5,464

NORTHERN TRUST CORP 3/31/2007 338,128 26,403 8.47% $3,824

MORGAN STANLEY 3/31/2007 315,680 3,115 1.00% $3,570

HOCKY MANAGEMENT CO ... 3/31/2007 282,600 0 0.00% $3,196

BRUCE & CO., INC. 3/31/2007 270,300 (3,000) (1.10%) $3,057

TIAA CREF INVESTMENT... 3/31/2007 266,377 8,206 3.18% $3,013

LASRY MARC 3/31/2007 250,000 0 0.00% $2,828

EMERALD MUTUAL FUND ... 3/31/2007 246,792 19,000 8.34% $2,791

INVESCO PLC/LONDON/ 3/31/2007 225,421 69,672 44.73% $2,550

ARIENCE CAPITAL MANA... 3/31/2007 205,730 (754,826) (78.58%) $2,327

ALEXANDRA INVESTMENT... 3/31/2007 200,000 200,000 New $2,262

GAGNON SECURITIES LL... 3/31/2007 151,378 0 0.00% $1,712

CREDIT SUISSE 3/31/2007 146,501 (977) (0.66%) $1,657

TEWKSBURY CAPITAL MA... 3/31/2007 117,545 117,545 New $1,329

OLD LANE, LP 3/31/2007 111,900 82,675 282.89% $1,266

GALLEON MANAGEMENT L... 3/31/2007 100,000 100,000 New $1,131

VIRGINIA RETIREMENT ... 3/31/2007 94,500 0 0.00% $1,069

POTOMAC CAPITAL MANA... 3/31/2007 93,049 (125,895) (57.50%) $1,052

STRS OHIO 3/31/2007 92,300 (21,300) (18.75%) $1,044

COMMONWEALTH OF PENN... 3/31/2007 91,300 13,800 17.81% $1,033

CITIGROUP INC 3/31/2007 86,068 86,068 New $973

BLACKROCK INVESTMENT... 3/31/2007 82,684 18 0.02% $935

NORTHERN TRUST CO OF... 3/31/2007 80,300 (7,575) (8.62%) $908

CONESTOGA CAPITAL AD... 3/31/2007 79,400 (1,300) (1.61%) $898

STATE BOARD OF ADMIN... 3/31/2007 75,100 0 0.00% $849

GOLDMAN SACHS GROUP ... 3/31/2007 71,385 25,329 55.00% $807

GEODE CAPITAL MANAGE... 3/31/2007 68,951 (297) (0.43%) $780

PRUDENTIAL FINANCIAL... 3/31/2007 61,800 0 0.00% $699

AXA 3/31/2007 59,900 0 0.00% $677

 

gezahlt werden, wird einem ganz schwindelig, wenn man bedenkt, dass Internet Capital 15% am weltweit größten Interdealer-Broker im boooomenden Market für Kreditderivate hält. Zwar scheinen 15% nicht viel zu sein, aber bei einer Marktkapitalisierung von unter 500 Millionen von Internet Capital doch.

Wettbewerb um US-Terminbörse CBOT geht weiter - CME bessert nach

CHICAGO (dpa-AFX) - Der Bieterwettbewerb um den amerikanischen Derivate- und Warenterminmarkt Chicago Board of Trade (CBOT)   geht weiter. Nach einem veränderten Übernahmeangebot der Terminbörse Intercontinental Exchange (ICE)   hat die Chicago Mercantile Exchange (CME)   ihre Offerte nachgebessert. Die CBOT-Anteilseigner sollen zusätzlich eine einmalige Zusatzdividende von 9,14 Dollar pro Aktie in bar erhalten. Diese Dividendenzahlung läuft auf insgesamt 485 Millionen Dollar hinaus. Dies haben die beiden Derivate-Märkte am Donnerstag bekannt gegeben. Die Verwaltungsräte beider Firmen haben das aufgebesserte Abkommen einstimmig akzeptiert. Die Aktionäre der CBOT sollen am 9. Juli über die Transaktion abstimmen.

Die amerikanische Terminbörse Intercontinental Exchange (ICE) hatte ihr Angebot für die CBOT in dieser Woche ebenfalls erneut verbessert. Unter anderem sollten die Aktionäre der CBOT im Tausch für ihre Anteile wahlweise Bargeld in Höhe von rund 2,5 Milliarden US-Dollar statt nur ICE-Aktien erhalten. Das ICE-Angebot war bei derzeitigen Aktienkursen insgesamt rund 11,1 Milliarden Dollar wert, während die CME-Offerte vor der jüngsten Nachbesserung mit rund 10,1 Milliarden Dollar bewertet worden war. Die ICE-Offerte sei nicht besser als das jetzt revidierte CME-Angebot, erklärte der CBOT- Verwaltungsrat in einer separaten Erklärung am Donnerstag.

Sollten die beiden Terminbörsen in Chicago zusammengehen, wäre die CME der mit Abstand größte Derivativ-Markt der Welt. Die US- Kartellbehörden haben bereits grünes Licht für die Übernahme der CBOT durch die CME gegeben./br/DP/stw

Quelle: dpa-AFX