Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

noch nicht aufgegeben, die könnten zur positiven Überraschung schlechthin werden. Sie krebsen momentan immer noch bei ca. 50 Millionen Dollar an der Londoner Börse herum - und das bei immerhin Provisionserlösen von 30 bis 40 Millionen Dollar pro Jahr. Selbst einige gute Meldungen haben in letzter Zeit den Kurs nur um 5 bis 10% nach oben gebracht. Für sehr spekulative Anleger könnte auch der Erwerb von GoIndustry an der AIM eine Möglichkeit sein. Wenn man z.B. bedenkt, dass in Deutschland Chaoswerte wie Neosino und Abacho, die Bruchteile der Umsätze von GoIndustry haben, höher oder gleich bewertet werden.

Regulatory Announcement

Go to market news section      

Company GoIndustry PLC  
TIDM GOI
Headline Positive Sales Progress
Released    07:00 21-Feb-06
Number 6763Y



GoIndustry plc / Market: AIM / Epic: GOI

21 February 2006

GoIndustry plc (‘GoIndustry’ or ‘the Company’)



Positive Sales Progress Following New Contracts Awards



GoIndustry plc, the AIM listed industrial machinery and equipment auctioneer, is pleased to announce that it has secured a number of significant new contracts in the period following its reverse takeover of Grasshopper Investments and debut on AIM on 5 January 2006.  The contracts comprise deals with blue chip companies such as Eastman Kodak and Siemens in countries including Finland, USA and the Philippines, and will generate strong revenues for the Group.  They also emphasise the Company’s strengths - equipment knowledge, global reach and online auctioning expertise and highlight the progress that has been made. The contracts include:



·        A local Finnish insolvency practitioner has retained GoIndustry to sell the equipment contained within the plant of Finnish TV manufacturer, Finlux Oy, following the failure of its business. The Company has executed five separate online auctions, selling 1,846 equipment lots yielding in excess of £700,000 in Gross Asset Sales with a margin of 25% on the deal.  Importantly, successful buyers were identified in 31 different countries.



·        Eastman Kodak Company of Rochester, New York, has contracted GoIndustry to dispose of its surplus assets.  The Company conducted its first large sales event earlier this week, attracting 81 bidders from five different countries. At close the sale achieved Gross Asset Sales of US$341,000, contrary to the view that the equipment would not sell because it was custom built for Eastman Kodak, GoIndustry managed to sell almost 90% of the 272 lots.



·        Litton Mills Inc. in the Philippines has retained GoIndustry to sell three cotton blended yarn-spinning mills, following a restructuring of its textile production facilities. The Directors are confident of generating substantial revenues as several Asian buyers have already expressed interest, inspected the equipment on site and placed deposits to enable them to participate in the forthcoming online auction.



·        GoIndustry has acquired a package of Test & Measurement equipment, from Siemens including equipment manufactured by Agilent, Rohde & Schwarz and Zeiss amongst others. The equipment will be sold via a series of online auctions in March 2006, and the Directors are confident that the Company’s strong capabilities in this sector will create significant buyer demand from all over the world.



·        GoIndustry has been appointed to complete the sale of all medical equipment, fixtures and fittings following the closure of the Women’s Medical Centre Hospital in Philadelphia, USA.  This equipment will be sold at an onsite auction in April 2006 and will feature a range of MRI scanners, Cath labs, ultrasounds, surgical microscopes, as well as a broad range of surgical instruments. The Company is confident of a successful sale due to the high level of buyer interest already being shown.



·        In the UK, Abbott Diabetes Care Ltd has appointed GoIndustry to sell surplus equipment following its relocation to a new purpose built facility.  The webcast auction sale is to be held in March and will consist of over 1,000 lots of high quality pharmaceutical, packaging and printing, office furniture, material handling and maintenance equipment.



Additionally, in the UK the Company is receiving strong demand for its valuation services. Since January it has undertaken numerous lending appraisal assignments of machinery and equipment (46%) and inventory (54%) for clients including Barclays Bank, Bibby, Bank of Ireland, The Royal Bank of Scotland, GE Business Finance and Landsbanki.



GoIndustry CEO, John Allbrook, said:  “The Company has had a strong start to the year having won a number of valuable new contracts across a spectrum of industries and worldwide locations.  This confirms our position as a leading industrial machinery and equipment auctioneer and justifies our recent move to AIM.   With new business rolling in across all divisions of the business on a global basis, we look forward to generating significant shareholder value.”



* * ENDS* *



Contacts:

John Allbrook               GoIndustry plc, www.goindustry.com               Tel: 020 7098 3700

Isabel Crossley             St Brides Media & Finance Ltd                        Tel: 020 7242 4477





END
 

an beiden Unternehmen ist Internet Capital beteiligt. Vielleicht erinnert sich noch der eine oder andere daran, als ein gewisser Snag Blackboard bei 14 Dollar ganz heiß zum Kauf empfahl, oder waren es sogar nur 12 Dollar (ich weiss es nicht mehr so genau).und heute sind wir beim doppelten Preis. Das ist auch bei GoIndustry möglich - nur sind hier die Vervielfachungschancen noch großer als bei Blackboard - um ehrlich zu sein, allerdings auch die Risiken.

Nur wer bereit ist, ein nicht unerhebliches Risiko einzugehen, sollte sich also GoIndustry zulegen. Allerdings halte ich es für möglich, dass er mit einer Verdreifachung seines Einsatzes belohnt wird. Und auch eine Verffünffachung halte ich nicht für ausgeschlossen.

 

nutzen. Die heutige Delle bietet eine exzellente Einstiegschance.

Eine Ursache für die Delle ist vermutlich, dass heute die Erfolgbeteiligung für das Management veröffentlicht wurde. Die negative Reaktion darauf ist blanke Emotion. Denn es ist naiv zu glauben, dass ein Wagnisfinanzierer wie Internet Capital ohne hochklassiges Personal auskomme - denn das ist ein wesentlicher Bestandteil des Kapitals. Erfolgsbeteiligungen sind da eine logische Folge.

Unsinn sind auch die negativen Kommentare zu dem überaus guten Bericht von ICGCommerce, die berichteten dass sie 26% des Umfangs der neu abgeschlossenen Outsourcing-Verträge im Bereich der Beschaffung erhalten haben bzw. dies geschah durch ein Marktforschungsinstiut. Umsatzmäßig konnte die sich nicht gut entwickeln, weil die ihre deutsche Tochter verkauft haben, dafür lief aber die USA glänzend. Dort stellen sie auch ein, wie nachstehende Übersicht zeigt - zwar nicht gigantisch, aber immerhin:


Jobs 1 to 18 of 18 Show Jobs Posted: Last 24 hoursLast 3 daysLast 7 daysLast 14 daysLast 30 daysLast 60 daysAll Jobs    

View: Brief | Detailed  

Date Job Title Location

Feb 28 OFFICE CONCIERGE
US-PA-King of Prussia

Feb 23 Category Analyst
US-OH-Akron

Feb 23 MRO/Facilility Category Manager
US-OH-Akron

Feb 23 HR Generalist
US-PA-Philadelphia

Feb 22 Strategic IT/Telecom. Category Associate
US-TX-Dallas

Feb 21 Process Analyst
US-OH-Akron/Cleveland

Feb 4 Buyer
US-PA-King of Prussia

Feb 4 Sourcing Category Manager
US-GA-Atlanta

Jan 26 Transportation and Logistics Associate
US-OH-Akron

Jan 25 Customer Service Specialist
US-PA-King of Prussia

Jan 25 Procurement Analyst
US-OH-Akron

Jan 24 Category Management Associate – Retail Store Supplies & Services -- Automotive
US-OH-Akron

Jan 10 Professional Services Sourcing Manager
US-PA-King of Prussia

Jan 10 IT Telecom Category Manager
US-PA-King of Prussia

Jan 10 Strategic Sourcing Consulting Associate
US-GA-Atlanta

Jan 10 Purchasing Manager
US-PA-Gulph Mills

Jan 6 Supply chain Analyst/Associate
US-PA-King of Prussia

Jan 4 Consulting Analyst/Associate
US-WA-Redmond


Jobs 1 to 18 of 18
 Page: [1]  





 

InvestorForce to Exhibit Altvest Comprehensive Hedge Fund
Database at Pensions & Investments/AIMSE Hedge Fund
Marketing Conference in New York March 1-2 at Grand Hyatt

Wayne, PA – February 28, 2006 – InvestorForce, Inc., pioneers in delivering business-transforming
solutions for the institutional investment management industry, will be among the exhibitors in attendance at
this week’s Hedge Fund Marketing Conference in New York, NY.
InvestorForce will exhibit Altvest during the conference, which is presented by Pensions & Investments and
the Association of Investment Management Sales Executives (AIMSE). The two-day conference begins
Wednesday, March 1 and concludes Thursday, March 2 at the Grand Hyatt in New York.
Altvest from InvestorForce is a comprehensive hedge fund database with fully integrated analytical and
reporting tools. Altvest is the faster, smarter, and more productive way to build profitable relationships and
perform better due diligence. InvestorForce, the leading source of web- technology for the Institutional
Investment community, provides Altvest, the largest integrated online database of Alternative Investment
Information. Collecting 300 data points on both the fund and firm levels, Altvest streamlines your hedge fund
research and helps you to effectively make more informed decisions. Altvest is used by leading investment
consultants who advise clients totaling over $3.5 trillion in institutional assets.
AIMSE is the only professional organization dedicated to serving the needs of investment management
sales and marketing professionals. Pensions & Investments delivers critical financial news to executives
responsible for the investment of large institutional assets such as pension funds, endowments and 401 (k)
plans. The Hedge Fund Marketing Conference is the first devoted solely to the hedge fund sales process.
Additional information about the event is available at http://www.aimse.org
About InvestorForce:
InvestorForce, Inc. has pioneered the development of web-based institutional investment performance
information for the financial services industry. The company was first to recognize the industry-wide
challenge of collecting, aggregating and disseminating institutional performance information, and first to
deploy a web-based information and technology platform. InvestorForce’s products serve the $20 trillion
global market of money managers, intermediaries and institutional investors, and enable them to manage
existing clients more efficiently, enhance decision making and take on new business more profitably.
Additional information is available at http://www.investorforce.com.
Contact:
Jim DeLorenzo, 610-232-2330
Mobile: 215-266-5943
jdelorenzo@investorforce.com  

Was glaubst du wer ICGE in Frankfurt jeden Tag mit einzelnen Aktien im Kurs drückt und warum? Das kann doch nur ein Spinner sein der glaubt ICGE Aktionäre seien doof.  

Er markiert immer wie ein Hund.84-16-84-16
Manchmal benutzt er auch andere Serien.


top    ICGE Stats    Symbol Search


Time B/S Shares  Price    

13:34:07.297 S 84  9.0100  

13:33:18.981 S 16  9.0100  

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13:32:05.119 S 216  9.0100  

13:32:05.119 S 100  9.0100  

13:32:05.119 S 384  9.0100  

13:29:51.296 S 100  9.0100  

13:29:25.965 S 16  9.0100  

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13:24:51.293 S 84  9.0100  

13:23:48.277 S 16  9.0100  
 

ist überwiegend so als ob in China ein Sack Reis umfällt. Ein Teil der US-Shorterszene scheint allerdings deutscher Herkunft zu sein, es deutet einiges daraufhin, dass die aus dem Umfeld der Berliner und Wiener Börsenszene kommen. Und da glauben sie halt, auch in Frankfurt etwas tun zu müssen - das ist aber wohl mehr nur Spinnerei und chancenlos, z.B. wenn Du dir einmal den Markt der wohl umsatzstärktsten Kernbeteiligung Credittrade ansiehst, selbst wenn sie dort nur noch 27% halten. Der Markt für Kreditderivate, wo CreditTrade als Broker und Datenlieferant eine wichtige Größe ist, boomt ohne Aussicht auf eine Boomende.


"Credit derivatives offer exceptional front office opportunities for profit and risk management, but threaten extreme challenges to middle office pricing and back office settlement. The Credit Derivatives Congress has brought together experts from every stage of the business - end user to trader to risk manager to controller to operations to regulator - with a focused agenda on these opportunities and challenges."
Aaron Brown, Head of Credit Risk Architecture, MORGAN STANLEY

Are you ready for the trading revolution? According to a recent survey from the ISDA®, credit derivatives have experienced a yearly growth rate of 123%! This unprecedented boom has triggered massive confirmation and settlement backlogs. Is your credit derivative risk and settlement operation prepared to manage the growth that lies ahead in 2006?
 

denn anders kann man die Vorgehensweise bei dieser Internet Capital-Beteiligung nicht bezeichnen. Die sind im Januar 2006 und Internet Capital hat ca. 70 Millionen Aktien bekommen - was für ein unendlicher Blödsinn und Quatsch, da man sich dadurch zum Penny-Stock degradierte. Momemtan notiert man bei ca. 0,19 Pence, das sind ca 0,37 Dollar pro Aktie und die ca. 39% Anteil von Capital Internet wären etwas mehr als 25 Millionen Dollar wert. Man hätte ja auch auch nur ein Fünfzigstel der Aktien ausgegeben müssen: Internet Capital hätte dann nur 1,4 Millionen Stück gehabt, die aber einen Wert von 18,50 hätten (rechnerisch). Vermutlich läge der Kurs aber über 18,50, weil dann auch Institutionals kaufen könnten, die aufgrund ihrer Satzungen keine Penny-Stocks kaufen können.

Da GoIndustry nächste Woche vorgestellt werden, bekommen wir ja vielleicht diesen unsäglichen Unfug erklärt. Ein Absicht muss ja dahinter stecken, warum man mit Gewalt verhindern wollte, dass der Kurs ein angemessenes Niveau erreichen kann.  

aber nicht so ausführlich wie hier auf der Webseite vom Standort von Starcite, nämlich Philadelphi, und zwar in den Philadelphia Business News:

StarCite Announces Exceptional 2005 Performance; Marquee Customer Wins, Increased Globalization, Enhanced Supplier Relationships and Strong Marketplace RFP Expansion, Drive Company Success
Philadelphia -
PHILADELPHIA -- Excellent Fourth Quarter Results Round Out Groundbreaking Year    

StarCite, Inc., the leading provider of On Demand Global Meeting Solutions(TM), today announced that its corporate user base had provided a groundbreaking $2 billion in unique revenue opportunities for hotels in 2005 and a company high of over $551 million in meeting RFP opportunities in the fourth quarter alone. StarCite continued to show exceptional growth within its Online Marketplace, as commerce flowing through the marketplace grew a total of 42% in the fourth quarter of 2005 compared to the same quarter in 2004 and a total of 49% from the year-end of 2004 to 2005.

For the second consecutive quarter, StarCite delivered more than 100,000 gross RFPs to hotels. At the close of the fourth quarter, StarCite was providing over $8.7 million worth of lead opportunities to its hotels in its database on a daily basis, up 69% from 2004.

"The success that StarCite has seen in 2005 demonstrates the great value we are delivering to our corporate customers and to the supplier community," said Michael Boult, president and CEO of StarCite, Inc., Philadelphia. "As corporations increasingly recognize the power of strategic meetings management, we believe this is just the beginning. Meetings remain one of the great untapped areas of corporate spend management. With $300 billion spent annually on meetings, we expect 2006 to be a year of continued growth and expansion."

StarCite added a number of new corporate customers in the fourth quarter, including Proctor & Gamble, Limited Brands and The Timken Company. The fourth quarter also saw the growth of existing corporate relationships. StarCite provided technology enhancements or expanded services with a number of major clients, including the American Cancer Society, Amgen, Bristol Myers Squibb, The Chubb Group and Gap, Inc. In the fall of 2005, the company also achieved an industry first when it announced a partnership with Uversa International, Inc., that gave clients the ability to aggregate corporate meetings and transient travel spend data together into one combined category.

Increased Globalization of Corporate Deployments and International Development
StarCite continues to build its presence around the world by providing its solutions to international clients and suppliers. In 2005, StarCite expanded its global technology and adoption management contract with Cisco Systems and its global management to the AsiaPacific with Motorola in 2005. In the fourth quarter, StarCite signed a new contract with John Deere Europe. These relationships further develop StarCite's prominence within the global meetings management industry.

Enhanced Supplier Relationships
In the fourth quarter, Carlson Hotels Worldwide properties announced a full deployment of MeetingBroker(TM) throughout all of its 905 properties in 69 countries leveraging StarCite's partnership with NewMarket International providing full two-way web services integration with Meeting Broker(TM). StarCite also finalized an enhanced marketing agreement with a number of hotels within the Hilton Group PLC (Hilton International).

StarCite sold its marketing solutions to the following convention and visitors bureaus: Atlantic City, Meet Aruba and the Emerald Coast. New destination marketing partners included: Welcome Touristic Praha (Czech Republic); Welcome Touristic Budapest (Hungary); Wallace Travel Group (Ireland); Eshet Incoming (Israel); JW Marriott Lima (Peru); Swedish Travel & Tourism Council (Sweden); Windsor Barra Hotel, Sheraton Barra Hotel & Suites (Rio de Janeiro); and, Sterling Travel Associates (United Kingdom).

StarCite Marketplace RFP Growth
2005 closed as a record-breaking year for StarCite's Online Marketplace with the number of gross RFP's facilitated rising 43% from the fourth quarter 2004 and the total for the year rose 47%. These RFPs provided nearly 1.78 million room night leads to hotels, resulting in an average of 150 nights per lead. For the year 2005, StarCite provided 6.5 million room night leads to suppliers in RFPs alone with an average of 152 nights per lead.

About StarCite, Inc.
StarCite, Inc. is the leading provider of On Demand Global Meeting Solutions(TM). StarCite optimizes global investments in corporate meetings and events delivering visibility, savings and control. StarCite provides process efficiency, enabling technology and proven adoption management support to drive significant cost reduction to buyers and enhanced revenues to suppliers. StarCite is based in Philadelphia. Investors in StarCite include Internet Capital Group (NASDAQ: ICGE); Maritz Travel Company; Seaport Capital; and TL Ventures. For more information about StarCite, or its technologies and services, please visit www.starcite.com.

Products and services include: StarCite GMS(TM) - the integrated platform that powers StarCite's Global Meeting Solutions approach and five steps to guaranteed success - Plan, Budget, Buy, Attend and Measure.

StarCite Marketplace - the world's largest online meetings marketplace with $2 billion in revenue opportunities and 50,000 eRFPs.

StarCite Adoption Management - proven implementation, training, benchmarking, customer support, account management and outsourced services that help you target achievable savings and improve overall results.


Posted on:
Tuesday, February 14, 2006 03:02 AM

Internet Capital hält 61% an diesem Unternehmen. Auch wenn der Umsatz in 2006 vielleicht nur bei knapp 20 Millionen Dollar liegen dürfte schätze ich den Wert des Unternehmens wegen seines Wachstums und seiner Marktstellung mit ca. 200 Millionen ein. Der Anteil von Internet Capital hätte dann einen Wert von 122 Millionen.  

Aus den nachstehenden Zahlen lässt sich dies zumindest herauslesen:

ICG reported net income of $72.5 million, or $1.73 per diluted share, for the full year of 2005 versus a net loss of $(135.3) million, or $(3.79) per share, for the comparable 2004 period. Results for the full year of 2005 include $105.5 million in net after-tax gains and $(4.3) million in stock-based compensation compared to $(103.5) million in net charges and $(1.4) million in stock-based compensation in the 2004 period. Please refer to the supplemental attachment to this release for a description of these gains/charges.

Denn die 72,5 Millionen Dollar sind in etwa in der momentanen Marktkapitalisierung von 350 Millionen in etwa fünfmal enthalten. Nun werden einige einwenden, dass der Gewinn im wesentlichen aus dem Linkshareverkauf resultiert. Das ist zwar richtig, aber andererseits ist es das Geschäft von Internet Capital Firmen in frühen Stadien zu kaufen und in späteren Stadien zu verkaufen. Die entscheidende Frage ist also, ob es Internet Capital von Jahr zu Jahr eine kontinuierliche Folge von Verkäufen herbeizuführen, die zu ähnlich guten Ergebnissen wie in 2005 mit 72,5 Millionen Gewinn führen. Und da bin ich sehr optimistich, das müsste machbar sein. Allein aus dem Freeborders-Börsengang lassen sich meines Erachtens die Jahre 2006 und 2007 speisen und vermutlich noch mehr. Und dann sind ja da auch Starcite und Credittrade und .......

Dass, wenn diese Gewinnabfolge denkbar ist, dazu eine Bewertung von 350 Millionen nicht passt ist wohl klar wie Maggis Klare Fleischbrühe.  

Gesamtwirtschaflich gilt in Sachen Wachstum und Beschäftigung: Sollen Wachstum und Beschäftigung erhalten bleiben, so muss es zu einer kontinuierlichen Folge von S-Kurven kommen, damit die im jeweils auslaufenden Bereich der Produktion freigesetzten Produktionsfaktoren in den neu ansteigenden Bereichen eingesetzt werden können. Es vollzieht sich dann ein permanenter Strukturwandel von den stagnierenden zu den wachsenden Produkten oder Produktionszweigen. Gelingt dieser Strukturwandel, ist ein relativ krisenfreies Wachstum bei Vollbeschäftiung möglich."

Was da gesamtwirtschlich gilt, gilt auch bei Internet Capital: Auch Internet Capital muss ein Abfoge von S-Kurven hinlegen: Firmen in reifem Stadium zu Geld machen, in junge Firmen investieren, diese zu reife Firmen machen ...... den Rest kennt Ihr. Das war bei Internet Capital in 1999 so angedacht. Ihr wisst auch, warum es nicht funktioniert bzw. gestockt hat. Das hat sich inzwischen geändert. Meines Erachten sind die 72 Millionen Gewinn in 2005 durchaus auf viele Jahre durchzuhalten und z.B., wenn ich an Freeborders denke, sogar noch zu steigern.

Ob dann unbedingt dazu ein KGV von 5 passt, sollte jeder selbst beantworten, nachdem er sich über die Wahrscheinlichkeit der von mir beschriebenen S-Kurven-Abfolge Gedanken gemacht hat. Man sollte aber meines Erachtens schneller denken als andere Schnelldenker, denn die Amis haben anscheinenden heute haben schon mit dem Schnelldenken angefangen.  

die man von einer Kernbeteiligung zu einer sonstigen Beteiligung degradiert hatte, weil da die Umsätze nicht so wie erhofft in Gang kamen. Wenn Ihr jetzt einmal die nachstehenden Kundenliste mit der mickrigen von früher vergleicht, könnte Ihr erkennen, welcher gigantischer Umschwung hier eingesetzt hat:

http://www.ecredit.com/docs/customers.php

Und zwar sollte Ihre Euch die Urteile und vor allem auch die Firmen am rechten Rand ansehen.

Leider hat Internet Capital da vor zwei bis drei Jahren einen Fehler gemacht, aber vielleicht ging es aus strategischen und finanziellen Gründen nicht anders. Bis vor ca. drei Jahren hielt man 99% an Ecredit.com. Als man wahrnahm, dass die Durststrecke bis zum Ernten länger wurde, hat man dummerweise erst zwei und dann später noch einmal zwei weitere Wagnisfinanzierer mit ins Boot genommen, als insgesamt neben Internet Capital vier weitere, so dass der Anteil auf 31% abgesunken ist. Zwar wird Ecredit.com vermutlich nie ein Umsatzriese werden, aber für eine lukrative Nische reicht es allemal, zumindest für eine Mini-Linkshare. Denn auch gilt: Mit steigenden Umsätzen werden die Kosten nur unwesentlich mitsteigen. Bei Ecredit wirkt also sowohl der Netzeffekt als auch die gegen Null tendierenden Grenzkosten von Netzfirmen.  

Interessant ist vor allem folgende Passage.

"Indeed, research carried out by Everest Partners reveals that ICG has won 26% of the contracts signed in the procurement outsourcing space to date, more than any other vendor. ICG leads IBM, which has secured 24% of deals, Accenture (16%) and Ariba (15%).
Of these four leading suppliers, ICG and Ariba represent the specialist providers, as opposed to global IT services giants IBM and Accenture, who offer procurement outsourcing as just part of a BPO business that also includes areas such as finance and accounting and human resources."

Internet Capital hält 75% an ICGCommerce.
BPO Market Report – 20 February 2006
ICG Commerce, Inc.
Last month, procurement BPO vendor ICG Commerce won a deal with The Goodyear Tire and Rubber Company in North America. The contract sees ICG working with Goodyear's internal procurement organization to reduce the company's indirect spending, using processes such as strategic sourcing, savings implementation, transaction processing, and ongoing category management.
The deal was the first to be publicly announced by ICG in 2006, although according to the company's vice president of outsourcing, Jason Gilroy, ICG is "consistently closing deals with new customers". "We have extended our deal with Avaya, and Goodyear is a new customer," Gilroy told BPO Market Report. "We are not seeing a decrease in the pipeline of new customers."
Indeed, research carried out by Everest Partners reveals that ICG has won 26% of the contracts signed in the procurement outsourcing space to date, more than any other vendor. ICG leads IBM, which has secured 24% of deals, Accenture (16%) and Ariba (15%).
Of these four leading suppliers, ICG and Ariba represent the specialist providers, as opposed to global IT services giants IBM and Accenture, who offer procurement outsourcing as just part of a BPO business that also includes areas such as finance and accounting and human resources. Jason Gilroy is keen to emphasize the point that ICG is "100% focused on procurement outsourcing."
Gilroy also said that, while ICG and Ariba can both be described as procurement specialists, the two companies have different business models. "Ariba started as a software company," said Gilroy, "and a lot of [ICG] customers are Ariba users, but also use ICG to drive value and efficiency from their technology investments".
"For ICG, technology is an absolute necessity for enablement, but we don't care what technology it is," said Gilroy. "In that sense, we are technology agnostic."
ICG was set up in 1992 as strategic sourcing provider Purchasing Solutions Inc (PSI). In November 1999, e-commerce company Internet Capital Group Inc paid $12m for a majority stake in PSI, and changed the company's name to ICG Commerce.
The following year, ICG raised approximately $117m in private placement financing from a group of investors led by Internet Capital Group and including Staples, Unisys, Keppel, Graham Partners and Koch Ventures. A further $35m was raised in an equity funding round in January 2003, including investment from Cross Atlantic Capital Partners, Wynnefield Capital and CIC Group alongside ICG's parent company.
Today, ICG has offices in the US, the UK and Germany. The company operates a nearshore policy, rather than investing heavily in low-cost offshore locations such as India, China or the Philippines. Jason Gilroy explains: "We view offshore as good for data mining, classification and other non-customer facing processes. "Our business requires extreme interaction at a local level with suppliers. For that, you need to have a strong understanding of the local culture, language and so on."
Without a strong technology base, ICG relies on its knowledge of the procurement market, and its relationship with suppliers, to deliver cost savings to customers. "Our large value proposition is not that we are smarter than our customers," Jason Gilroy told us, "but that we are more knowledgeable than they are at the time of going to market."
The company divides its operation into four main categories:
1. Sourcing: ICG sources a range of goods and services on behalf of its clients, using tools such as e-sourcing technology, data gathering templates, supplier databases and price benchmarks. Gilroy told us that this process tends to be done in waves, over a period of between 18 and 24 months.
2. Savings Implementation: Having sourced goods and services, ICG handles finding, ordering and receiving the items, including implementing standardized procurement processes and policies.
3. Transaction Management: ICG's transaction management infrastructure includes an e-procurement platform for goods and services, content management tools and detailed transaction, spend and savings reporting capabilities.
4. Category Management: ICG offers services to monitor suppliers' performance and company expenditure, as well as providing information on impending price changes and identifying additional improvement opportunities.
ICG operates in a number of vertical markets, including the airline sector, pharmaceuticals and healthcare, retail, telecommunications, utilities and manufacturing.
Gilroy accepts that it is not always easy for companies to relinquish authority over such a core part of their operation. "Customers know their own business, so it can be hard to reconcile giving control to a third party." He also accepts that, unlike other areas of BPO, procurement is "not a labor arbitrage-type business", so clients have to comprehend what it takes to deliver services cheaply and efficiently.
The vast majority of ICG's business involves outsourcing indirect procurement, but Jason Gilroy said that the company was "seeing more interest in direct procurement, usually involving the purchase of chemicals, gases, packaging and transportation logistics." Despite this, "all except maybe one of [ICG's] customers start by outsourcing indirect spending," and none of the company's clients is currently outsourcing solely direct procurement.
RECENT CONTRACTS
January 30, 2006: ICG won a deal with The Goodyear Tire and Rubber Company to provide procurement services to the company's North American operation. ICG works with Goodyear's internal indirect procurement organization at more than 40 locations. The project focuses on transportation and distribution, packaging, energy, MRO supplies, marketing products and services, and professional services. The contract value was not disclosed.
September 20, 2005: ICG was selected by Rent-A-Center Inc to provide procurement BPO services. ICG provides services to finance, procurement, store operations, IT, and service center areas. The engagement initially focused on strategic sourcing and supplier enablement activities, along with the implementation of a transaction platform to drive savings. The value of the deal was not disclosed.
January 24, 2005: Industrial packaging products and services vendor Greif Inc selected ICG to provide procurement services. ICG provides sourcing, purchase-to-pay processing and ongoing category management across a range of indirect materials and services categories. The total value of the contract was not disclosed.
November 22, 2004: ICG won a deal with Cooper Cameron Corp, a producer of oil and gas pressure control equipment. ICG provides Cooper Cameron with strategic sourcing, savings implementation, purchase-to-pay processing and ongoing category management, across 17 purchasing categories. Also, ICG's RealExchangeSM technology platform is integrated with Cooper Cameron's SAP system in an attempt streamline the company's global procurement process. The value of the contract was not disclosed.
November 9, 2004: Universal Packaging Systems Inc, a cosmetic contract manufacturer, chose ICG to provide procurement outsourcing services. Under the terms of the five-year deal, ICG provides strategic sourcing, savings implementation, purchase-to-pay transaction processing and invoice reconciliation. ICG also provides an onsite procurement team to coordinate the delivery of services to Universal Packaging. The contract value was not disclosed.
CONTACT DETAILS
ICG Commerce
2520 Renaissance Boulevard
King of Prussia
Pennsylvania
19406
Phone: 00 1 877-935-4242
Fax: 00 1 877-4242-339
www.icgcommerce.com  

Bemerkenswert ist insbesondere die folgende Passage: “The combination of Metastorm and CommerceQuest creates the world’s largest pure-play BPM software provider worldwide with more than 1200 customers in 41 countries,” notes Ziniades. The company is one of the few vendors able to provide a full suite of BPM software that stretches from the analysis, mapping, design and simulation of business processes, through to execution, integration, management, monitoring and optimization of these processes in a service-based architecture. Metastorm BPM also provides powerful time-phased reporting, performance monitoring and predictive analysis capabilities.



Consology Enhances Self-Service Offerings with Metastorm Partnership

Metastorm’s BPM Technology to be offered as part of Consology’s Solutions Portfolio

LONDON, UK and JOHANNESBURG, SOUTH AFRICA – March 2, 2006 – Metastorm, a leading provider of Business Process Management (BPM) software for modeling, automating, integrating, and improving both human and system-based processes, has signed a partnership agreement with Consology, a firm that specializes in implementing and integrating self-service and customer management solutions. The development follows Metastorm’s merger with CommerceQuest, a Consology business partner.

Consology will offer Metastorm’s BPM solutions as part of its solutions portfolio to help its customers further improve process efficiency, flexibility and return on investment in their self-service and customer management deployments.

Says John Ziniades, CEO of Consology: "The new alliance with Metastorm dovetails perfectly with Consology's focus on the self-service market. Self-service engagements demand a fundamental understanding of business processes since they involve the transitioning of physical processes into the electronic world."

Ziniades says that self-service projects involve the integration of a set of complex human-to-human, human-to-system and system-to-system processes to deliver the best service possible to the customer. However, many companies fail to look at their physical business processes when they introduce online self-service, meaning that they fail to seize the opportunities it presents to streamline and speed up business processes.

By combining Consology’s self-service tools with Metastorm’s comprehensive enterprise BPM suite, customers and businesses will be able to benefit from increased efficiency and enhanced process visibility.

The combination of Metastorm and CommerceQuest enables Consology to offer an even more compelling BPM solution that addresses all human- and system-based process challenges – regardless of platform, scale, complexity, or existing infrastructure. Consology will focus on Metastorm’s Java and J2EE BPM offerings within the combined solution suite.

“Consology has developed an enviable reputation with innovative self-service solutions, particularly in the South African telecommunications market. We look forward to working together to explore joint opportunities with Consology in this arena. We will be introducing our joint BPM proposition in the coming months to several telecommunications companies and existing Consology customers in South Africa,” says Neil Berry, Sales Director at Metastorm.

"BPM gives executives a window into the performance of their organizations, and allows them to constantly fine-tune business process. Benefits it offers include reduced risks, increased productivity, lower costs and corporate agility to learn and improve. Many organizations will view it as an important catalyst for sustainable competitive advantage," says Ziniades.

“The combination of Metastorm and CommerceQuest creates the world’s largest pure-play BPM software provider worldwide with more than 1200 customers in 41 countries,” notes Ziniades. The company is one of the few vendors able to provide a full suite of BPM software that stretches from the analysis, mapping, design and simulation of business processes, through to execution, integration, management, monitoring and optimization of these processes in a service-based architecture. Metastorm BPM also provides powerful time-phased reporting, performance monitoring and predictive analysis capabilities.



About Metastorm
As the first breakaway BPM vendor, Metastorm is a leader in business process management (BPM) software and best practice methodologies for modeling, automating, integrating, and improving both human and system-based processes. Metastorm BPM™ is a complete solution for roundtrip process improvement, designed specifically to address complex processes that are unique to organizations. Metastorm’s 1200+ 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. For more information visit www.metastorm.com.

Copyright 2006, Metastorm, Inc. All rights reserved. Metastorm BPM and Enterprise Process Advantage are either trademarks or registered trademarks of Metastorm, Inc. Other product, service and company names mentioned herein are for identification purposes only and may be trademarks of their respective owners.


Press Contact Information:
Gina Karr
Metastorm
T: +1 410-290-0101
schkloven@merrittgrp.com

Amy Redhead
Strategic Alliance
T: +44 1494 434 434
amyr@strategicpr.net




 

Beteiligung Metastorm enorm. In der FTD von heute konnte man lesen:

"Unternehmen investieren hohe Summen zur Einhaltung schärferer Bilanzgesetze

Dank gefallener Topmanager wie Kenneth Lay und Jeffrey Skilling erlebt ein gesamter Sektro der Software-Branche einen Boom. Während die beiden Ex-Manager in Houston auf der Anklagebank sitzen, investieren Unternehmen Milliarden, um mit Hilfe neuer Software verschärfte Transparenz-, Dokumentations- und Offenlegungspflichten in den Griff zu bekommen. Ein großer Teil der Mittel fließt in Spezialsoftware, um firmeninternen Betrug zu bekämpfen, mehr Transparenz zu schaffen und sicherzustellen, dass sich die Mitarbeiter an die rechtlichen Rahmenbedingungen halten. Unzählige Softwarehäuser, darunter Giganten wie SAP und Orcacle, profitieren von den härteren Bilanzgesetzen. Aber auch immer mehr kleinere, noch nicht börsennotierte Firmen haben sich auf Compliance-Software spezialisiert und verzeichnen rasantes Wachstum."

Metastorm, der weltweit größte Pure Play im Bereich des Business Process Management profitiert von diesem Trend enorm. Seine Software wird inzwischen von über 1.200 Firmen in über 40 Länder rund um den Globus eingesetzt. Die 42% Anteil von Internet Capital können sich daher noch als Goldgrube entpuppen, wobei ich weniger an einen IPO, sondern an eine Übernahme denke - insbesondere Oracle könnte ich mir als Interessent vorstellen, da SAP auf diesem Gebiet schon mit dem kalifornischen Softwareanbieter Virsa verbandelt ist.  

denn unser Grundschullehrerlein vom WallstreetOnline-Board, der morgens Recht und nachmittags frei hat, hat wieder einmal den armen Leser dort den Einstieg versaubeutelt. Geklingelt ist wieder einmal nicht geworden - und selbst wenn es einmal klingelt, hat er meist Bohnen in den Ohren.

Die Leser dort können einem schon etwas Leid tun, zumal Arnie dort sogar noch von einem Hinterwäldler, der sich unter dem weltstädtischen Namen London tarnt, übertroffen wird. Der brachte schon beim Google-Kurs von 180 die armen Leser um ihre sauer verdienten Cents mit blödsinnigen Put-Empfehlungen. Und damit versucht er sich momentan wieder, obwohl die 500 bei Google nur ein Frage der Zeit sind, wenn man sich von den schlicht und einfach erlogenen KGV's der Größenordnung 100 verarschen lässt, denn es ist nicht einmal halb so hoch. Richtig ist aber auch, dass die Chancen bei Internet Capital besser sind, da wir hier eine eklatante Unterbewertung haben, während Google mit seinem Gewinn in die Kursziele hineinwachsen muss.  

wo Internet Capital 42% hält.

In der FTD von heute heißt es: "Die Ausgaben für Compliance-Technologie sollen dieses Jahr auf 8,8 Mrd. Dollar steigen, hat eine neue Studie der US-Unternehmensberatung AMR-Research ergeben. 2007 werden die US-Unternehmen 9,1 Milliarden Dollar für die entsprechende Technologie ausgeben. Der größte Teil der Technologieausgaben, fast 2 Milliarden Dollar, geht auf Kosten des Sarbanes-Oxley Act (SOX), der 2002 nach den Enron und Worldcom-Skandalen, falsch testierten Bilanzen und mangelnden internen Kontrollen, verabschiedet wurden. Unter SOX müssen die Finanz- und Unternehmenschefs unter anderem mit ihrer Unterschrift für die Richtigkeit der Quartals- und Jahresberichte bürgen. Bei Verstößen droht Gefängnis.

"Wir bewahren CEOs vor dem Knast", Jasvir Gill denn auch unverblümt. Gill ist der Gründer und Chef des kalifornischen Softwareanbieters Virsa Systems, dessen Programme eine Echtzeit-Überwachung von rechtlichen Auflagen für die Unternehmensführung und die Einrichtung automatisierter Kontrollmöglichkeiten ermöglichen, dokumentieren und nachweisen."

Genau das leisten die Programme von Metastorm u.a. auch. Da Virsa Systems mit SAP verbandelt ist, hatte ich ja in einem der letzten Postings angeführt, dass ich mir vorstellen könne, dass Oracle sich die Finger nach Metastorm leckt. Bei Oracle ist ja schon eine Beteiligung von Internet Capital gelandet, nämlich Syncra - die Programme für die Abstimmung zwischen Produzenten und Handel anboten. Leider hatte Internet Capital nicht viel davon. Syncra wurde von Retek übernommen, seine Software bildet das Herz von Retek und Retek wurde dann von Orcacle für über 400 Millionen Dollar übernommen. Damit das diesmal nicht passiert, hat Internet Capital seine 86%-Beteiligung CommerceQuest nicht an Metastorm verkauft, sondern dort gegen Anteile eingebracht und hat zusätzlich noch Geld investiert.  

Internet Capital 33% hält, in China:



Zunächst eine Meldung aus der heutigen FTD: "Der deutsche Softwarekonzern SAP will die Zahl seiner Entwickler in China bis Ende des Jahres mehr als verdoppeln. Bis Ende 2006 werde die Zahl der Entwickler dort von 500 auf 1.000 erhöht.


News & Events


Strength in numbers

Olaf De Senerpont Domis

February 17, 2006

Sometimes a tiny, almost unnoticed acquisition can underline an important and growing global technology trend.

Information technology outsourcer Freeborders Inc. 's announcement this month that it acquired financial services consulting firm ITK Solutions LLC didn't grab any headlines. But the deal lends strength to the notion that India's title as the technology outsourcing capital of the world might soon be in jeopardy.

San Francisco-based Freeborders relies solely on expertise from its Shenzhen, China, technology center to develop customer software, integrate systems and conduct product life-cycle management projects for companies in the U.S. and Europe. Acquiring ITK for an undisclosed price gives Freeborders a key business process consulting practice that includes some of the largest global investment banks and hedge funds — all avid users of IT outsourcing.

The deal is a logical marriage of ITK's "front end" consultancy expertise with Freeborders' ability to deliver the customized software needed to translate ITK's advice into reality for clients. But what's fascinating is Freeborders' reliance on Chinese, not Indian, engineers.

The linchpin to the transaction is China's low-cost, highly educated technology talent pool, says Freeborders co-CEO, Ramsey Walker, and how that contrasts with India. Salaries in India have increased 13% each year since 2000 for entry-level software developers and 23% annually for midlevel managers, he says, which is helping drive a large amount of employee turnover in the region.

"Engineers [in India] are jumping from company to company for modestly better offers, so American and European customers are facing attrition rates on teams of 20% to 50%," Walker says. "When that happens with software, the quality of the deliverable and the time it takes to deliver goes down significantly."

The higher wages in India are also highlighting the cost effectiveness of outsourcing in China. Labor costs are as much as 40% lower in China than India, and China produces 352,000 engineering graduates compared with 184,000 in India. This abundance of technology savvy in China highlights increasing problems large companies face when relying on Indian outsourcers, Walker says.

Freeborders' new Chinese software developers have plenty of business, ITK founder Susan Kirchoff adds. "We focused on project management and business analysis, which are front-end services," she says. "But we've heard from clients that we don't have the software engineers, to actually deliver a solution."

A common project for ITK, for example, would be to evaluate an investment bank's capital markets software applications, note its limitations, compare it to what rivals use and recommend how to improve it. With ITK in the picture, Freeborders' engineering team in Shenzhen can tailor or update new software.

"There was a gap that can be bridged now," Kirchoff says. And not just by comparatively small companies such as Freeborders, which expects to have 1,000 technologists in China by the end of 2006. Last year, for example, Microsoft Corp. announced a deal with the outsourcing unit of India's sprawling Tata Group and the Chinese government to form a venture to provide technology outsourcing in the region beginning this year.

"The demand is just beginning to pick up in China, and the supply and talent is very significant," Walker says. And like Tata, other rivals to the Chinese outsourcing industry can't help but acknowledge its ascendancy. Vivek Paul, the former vice chairman of Indian IT giant Wipro Ltd. , told a Silicon Valley audience last year his company had established an operation in Shanghai that is "ready to scale" to meet clients' demand. "China is one of those places that you cannot ignore," said Paul, who has since left Wipro to become a partner at Texas Pacific Group .

But is China the new India? "The market is a few years away from full development," Paul argues. Of course, this might make it the right time to get a foothold in the Chinese market, both for Freeborders and its investors, including FTVentures , which led the recent $20 million round that funded the ITK acquisition.

The New York venture firm invests in early- to mid-stage software and services firms that serve the financial sector. More importantly, FTVentures' limited partners are 38 large financial institutions — ­and potential customers.

"Financial institutions are thought leaders in offshore outsourcing, so obviously our LPs have lots of demands for outsourcing services," says FTVentures principal Chris Winship. "We certainly introduce our investors to Freeborders."

The deal isn't FTVentures' first investment in the outsourcing market. The firm bought a stake in India's ExlService Holdings Inc. The startup's potential return to FTVentures has been in limbo, however, as its filing for an initial public offering has lingered since December 2004.

Does this market reluctance show a growing concern about India's place atop outsourcing? That's hard to tell. But U.S. and European companies that have relied on the region for technology expertise are studying other sources, Winship says.

"Most offshore outsourcing is obviously still being done in India, but many Fortune 100 companies are starting to worry about overexposure there," he says. Which could make the Chinese market a smart hedge for companies seeking an alternative source for technology talent and for private investors looking for solid investments.

Olaf de Senerpont Domis is West Coast bureau chief for The Deal. © Freeborders 2006, All Rights Reserved  

wo Internet Capital 33% hält, haben eines gemeinsam, sie wollen die Zahl der Entwickler in China bis Ende des Jahres verdoppeln.

Argumentation von SAP: "Neben Chinas Binnenmarkt locken vor allem die günstigen Personalkosten un der große Pool qualifizierter Nachwuchskräfte. Es gibt eine große Zahl technischer Universitäten."

Und in der FTD heißt es weiter: "Zunehmend gelingt es China sich auch gegen Asiens Softwarevorreiter Indien zu positionieren. "In Indien werden es langsam teuer", urteilt SAP-Chef Kagermann, der angekündigt hat die operative Marge des Konzerns hochzuschrauben."

Während aber SAP eher auf den chinesischen Binnenmarkt fixiert sein dürfte, ist Freeborders einer der führenden IT-Outsourcer. Mit großer Wahrscheinlichkeit werden wir in 2006 noch den IPO von Freeborders erleben, den der Co-Ceo in Milliardenhöhe ansiedelt. Ganz so optimistisch bin ich nicht, weil die Umsätze noch in eine Größenordnung hineinwachsen müssen, die dies rechtfertigen. Aber ohne allzu große Vorschußlorbeeren sind 500 Millionen realistisch. Für die 33% von Freeborders würde das auf 165 Millionen Dollar hinauslaufen. Selbt wenn man nur die Hälfte der Anteile von Freeborders verkaufen würde, würde das ausreichen die von mir in einem der letzten Postings beschrieben S-Kurven-Abfolge in Gang zu halten, die das Gewinnniveau von 2005, das bei 72 Millionen lag, zu halten bzw. weiter anzuheben. Das damit eine Marktkapitalisierung von nur 350 Millionen nicht passt, also ein absurd niedriges KGV von 5, dürfte wohl auch klar sein.

FREEBORDERS NAMED ONE OF THE 'TOP 5 TO WATCH IN CHINA' BY GLOBAL SERVICES MAGAZINE

Global Services magazine names Freeborders to its
2006 Global Services 100

San Francisco, CA - January 31, 2006 - Freeborders, a leading technology outsourcing provider from China, announced that Global Services magazine has selected the company as one of the Top 5 to Watch in China as part of its 2006 Global Services 100 awards. Freeborders was ranked #2 on the list. This ranking is the result of Freeborders' dedication to world-class project management, its track record of service delivery to US and European companies and its innovative business practices.

"Freeborders is honored to be included in this year's Global Services 100 list," said John Cestar, co-CEO of Freeborders. "We are also pleased to be distinguished as one of the emerging outsourcing providers from China. This ranking affirms our leadership, innovation and ability to meet the needs of the rapidly evolving outsourcing market. We're looking forward to further growth in 2006 and beyond."

The Global Services 100 honors the top performers in information technology and business process outsourcing. The list is the result of a study conducted by Global Services in conjunction with neoIT, a consulting firm specializing in services globalization. The list was previously called the Offshore 100 and was published by CMP Media's Managing Offshore magazine, which is now a part of Global Services. The listed companies will be honored at a conference in New York City on February 2, 2006. A complete list of this year's winners can be found at http://www.globalservicesmedia.com/.

About Freeborders

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

wo allein drei der vier wichtigsten Beteiligungen (Freeborders, ICGCommerce und teilweise Starcite) entlang der Intensivierung der zwischenbetrieblichen Arbeitsteilung, also dem Outsourcing, aufgestellt sind:

März 04, 2006
Outsourcing Budgets Set to Increase in ’06: Patni Survey

The survey finds that pricing is not the most important factor in selecting an outsourcing partner any more
by Global Services  Global Services  

A survey of top decision-makers on corporate technology and spending has found that 89% plan to increase their outsourcing budget over the next one year. Specifically, 39% responded by saying that they expect to increase budgets by up to 20% over their current spending while 11% planned a 50% increase or more.


Cultural fit (24%) and quality of service (24%) tied as the number one factor, followed by domain expertise (19%). Only 14% of respondents selected price as their single most important factor in selecting an outsourcer. When asked what their top expectation is from an outsourcing relationship, 61% said that they expected better quality resources and enhanced services at a lower cost while 28% cited better insight and manageability of costs.


The survey was conducted at Patni Computer Systems’ annual user conference, PatniConnect, which brought together more than 100 global CIOs and business leaders from the company’s customer base in the U.S.A., U.K. and Asia Pacific regions, along with pre-eminent industry analysts and professionals.

 

Startkurs: 7,84 USD
Schlußkurs am 03.03: 9,30 USD
Wertsteigerung: 18,6%

Da bleibt jetzt aber nicht mehr sehr viel Zeit für den restlichen Kursanstieg.

Noch grausamer fällt der Vergleich zur angekündigten Kursverdreifachung von 01.05. aus.

Kurs 30.12.04: 9,00 USD, das ist eine Wertsteigerung von sagenhaften 3,3%!

Um dem ganzen die Krone aufzusetzen und wahrscheinlich auch um vom Versagen der
Kursprognosen abzuleiten, hat der gute Libuda wieder einen neuen Thread zu ICGE
eröffnet. Dabei hat er natürlich auch wieder den Zeitraum für die Kursvervielfachung
weiter in die Zukunft geschoben. Einfach nur peinlich!  

verunsichern lassen, sondern einmal auf den nachstehenden Chart sehen, der uns zeigt, wie relativ preiswert ein kontinuerilicher Einstieg bei Internet Capital möglich war. Noch preiswerter war das in über ein Vierteljahr in 2002 möglich (um die vier Dollar über einen Zeitraum von einem Vierteljahr), teilweise auch in 2003, wo der Schwerpunkt meiner Anschaffungen lag. Damals habe ich allerdings noch nicht auf diesem Board gepostet. Zocker habe ich immer wieder gewarnt, von diesem Papier die Finger zu lassen, denn kaufen bei Zwischenhochs und beim ersten Rücksetzer abspringen produziert Verluste, wovon Datschi offensichtlich ein Frustlied mit vielen Strophen singen kann.

http://finance.yahoo.com/q/bc?s=ICGE&t=2y

Und das beste daran ist, dass das Papier noch lange nicht ausgereitzt mit fast einer Viertelmilliarde Cash und Wertpapieren bei einer Marktkapitalisierung von 360 Millionen nach unten abgesichert ist: also bei dem jetzigen Kursniveau eine sehr aussichtsreiche Langfristspekulation mit einem relativ engmaschigen Sicherheitsnetz, das einerseits in viel Cash und andererseits in enormer Risikostreuung (verkappter Technologie-/Internetfonds) liegt einer nachwievor extremen Unterbewertung als Dreingabe.

Die Ausführungen (beinahe hätte ich aus Versehen Argumentation geschrieben) könnte Ihr ja einmal daraufhin überprüfen, ob es auch nur ein Sachargument enthält oder nur Frust als Antrieb existert


 

und zwar ohne Wenn und Hatschi:

http://internetstockblog.com/article/6938  

sind immer noch Eigentum von Internet Capital. Bei Kursen zwischen momentan 28 und 29 Dollar sind das immer noch 60 Millionen Dollar. Auch wenn Blackboard eines der reiferen Investment ist, ergeben sich beim momentanen Kursniveau erhebliche Kurschancen. Denn durch die Übernahme des größten Konkurrenten hat man jetzt quasi ein Monopol der Klasse "Microsoft". Einzige Konkurrenz ist auch hier Open Source, die aber einige spektakuläre Pleiten hinter sich haben. Der Programmkauf macht nämlich nur Bruchteile der Kosten der EDV-Lösungen aus. Die zusätzlichen Personalkosten beim Einsatz von Open Source sind fast immer wesentlich höher als die Programmkosten und die Lösungen von Blackboard sind stabiler und komfortabler. Insofern ist Blackboard sogar noch geschützter als Microsoft vor Linux. Logischerweise hat die Übernahme des größten Konkurrenten etwas gekostet - ist das verdaut, dürfte auch schon wegen der größeren Preissetzungsmacht der Gewinn erheblich steigern. Kein Wunder, dass Internet Capital momentan kein Stück rausrückt - zumindest solange man so gigantische Beträge in der Kasse liegen hat wie momentan. 50% Kurssteigerungen bei Blackboard sollte bis Ende des Jahres 2006 möglich sein, was wiederum fast einen Dollar für den Kurs von Internet Capital bedeuten würde.

Spanning the Globe With Blackboard -- Leading Schools, Universities and Government Agencies Extend Education With Blackboard
Thursday March 2, 7:00 am ET


SAN DIEGO, CA--(MARKET WIRE)--Mar 2, 2006 -- Bb World 2006 -- Blackboard Inc. (NasdaqNM:BBBB - News), a leading provider of technology to educational institutions and corporate and government agencies, is being recognized as a central tool for teaching, learning and training for many academic institutions in the United States and abroad. Blackboard is currently hosting its 8th annual users conference, Bb World 2006, where leaders from academic institutions around the world are gathered. The following international clients have recently licensed the Blackboard Learning System(TM), enabling access to education materials from any location and at any time, including:
--  Menntasvio Reykjavikur -- a provider of K-12 education to one third of
   the population in Iceland,
--  Instituto Politecnico Nacional (IPN), one of Mexico's public
   universities focusing on engineering degrees,
--  Bournemouth University in the United Kingdom,
--  UN FAO Chile, the Food and Agriculture Organization of the United
   Nations of Chile,
--  Istanbul Bilgi University in Turkey,
--  Feng Chia University.
ADVERTISEMENT


U.S. Universities Expand Education Overseas

In addition to the above-mentioned international clients, Blackboard solutions are also used by many universities and schools in the United States to foster teaching and learning opportunities abroad.

At Embry-Riddle Aeronautical University, American troops on active duty can continue their education by accessing courses and participating in class discussions through the Blackboard Academic Suite(TM), a suite of three software applications that enable Web-based and Web-enhanced learning.

"Embry-Riddle is excited to be able to provide our students around the world with anytime and anywhere access to Blackboard," said Becky Vasquez, Director IT Services, Embry-Riddle Aeronautical University. "By providing our students with this technology, location becomes irrelevant and education remains a focus. We are very proud of our dedicated students and their commitment to learning. We look forward to offering additional student-focused opportunities and innovations for our institution through our use of Blackboard."

At Arcadia University, one of the top private institutions of higher learning on the East Coast, the Blackboard Academic Suite is used by freshmen who participate in the school's innovative and award-winning First Year Study Abroad Experience. The 50 students who travel to London and Scotland each fall use MyArcadia, the Blackboard campus portal extensively to access course materials, campus resources, and professors, and they use it to stay connected to what's happening at Arcadia's campus in Glenside, Pa. The students in Scotland take an online course using Blackboard software, taught by the faculty in London.

"Even though they spend their first college semester overseas, these freshmen are already integrated into the fabric of the stateside campus when they arrive in January, thanks to the virtual connections they have been making through MyArcadia. They've been using our library while they were overseas, seeing campus announcements and photos, e-mailing friends, and accessing services," says Param Bedi, CIO and Associate Vice President for Technology.

"It's very exciting to see clients both domestically and internationally embracing our technology to provide greater educational opportunities," said Michael Chasen, CEO and President of Blackboard. "There has certainly been a great deal of discussion and attention lately on the importance of including an international focus on education. We are enthusiastic about how technology, such as Blackboard, can drive this focus."

Blackboard software applications are used by more than 2,200 academic institutions and corporate and government agencies in the United States and abroad, enabling millions of people to access educational materials and resources at any time and from any location.

About Blackboard

Blackboard Inc. (NasdaqNM:BBBB - News) is a leading provider of enterprise software applications and related services to the education industry. Founded in 1997, Blackboard enables educational innovations everywhere by connecting people and technology. With two product suites, the Blackboard Academic Suite (TM) and the Blackboard Commerce Suite (TM), Blackboard is used by millions of people at academic institutions around the globe, including colleges, universities, K-12 schools and other education providers, as well as textbook publishers and student-focused merchants that serve education providers and their students. Blackboard is headquartered in Washington, D.C., with offices in North America, Europe and Asia.

 

Beteiligung ComputerJobs.com. Vor zwei Jahren pendelte das Jobangebot noch um die 9.000, letztes Jahr waren wir bei ca. 11.000. Momentan sind wir bei ganz genau 13.619 IT-Stellen.

Corporate Mission
To be the first place on the Internet that IT professionals visit when looking for computer-related jobs, career-information, or industry resources.
Corporate Overview
ComputerJobs.com is the Internet's leading IT employment web site. Founded in 1995 by and for Information Technology Professionals, the company provides its visitors with over 13619 high quality computer- related job opportunities and career- related content organized into 18 vertical skill sets and 20 metropolitan markets. Employers are rewarded with access to thousands of pre-screened Skills Resumes from real people including many of the best and brightest IT talent in the industry More than 4,000 companies post jobs to ComputerJobs.com including IBM, Microsoft, UPS, The Home Depot, Georgia - Pacific, Coca - Cola Corporation, BellSouth, Chick-fil-A, E&Y, Southern Company, Hall Kinion, Cornsys, Matrix, Spherion and Ciber.

Markets
ComputerJobs.com maintains its employment Web site, ComputerJobs.com. Presently, its sites serve 20 major metropolitan markets, including:

Alabama
Atlanta
Boston
Carolina
Chicago
D.C. Metro
Denver
Detroit
Florida
Los Angeles
New York
Ohio
Philadelphia
Phoenix
Portland
Seattle
Silicon Valley
St. Louis
Texas
Twin Cities



Offerings for IT Professional

Free, prescreened jobs
20 major metropolitan markets
18 vertical skill sets
My ComputerJobs Personalization
Comprehensive, skill-specific content and career resources
Offerings for IT Recruiters and Corporate HR Staffers

Site attracts 500,000 new unique users per month and over 1,160,000 registered users with the majority of those users being high-level, passive candidates.
Database of more than 210,000 active technical resumes prescreened to avoid duplicates and ensure quality.
Most Robust search engine to find targeted results
Time savings with saved searches, resume agents and the search-within-a-search feature.
Jobs are reviewed and approved for quality and consistency
Clients control job ads from writing to posting to expiring
Advertising opportunities through banners, direct email campaigns, and sponsoring the question of the day
Award-winning client services team
Corporate Background
ComputerJobs.com is led by a seasoned management ream of successful IT practitioners, as well as business and human resources executives who understand the perceptions, attitudes, needs and wants of IT Professionals. The company is committed to offering The most advanced online career planning and employment site in the industry.