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INCUBATORS ARE FEELING THE CHILL

机译:孵化器正在感觉冷漠

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摘要

If you think the dot-com correction has been terrifying for investors, consider what it has done to firms like Internet Capital Group Inc. and cmgi Inc. These companies, called incubators because they invest in or acquire growing Net companies and nurse them along, saw explosive share price gains in 1999. But when investors grew skittish about the valuations of cyberstocks, the incubators got hammered. Since their peak in January, cmgi shares have dropped a stunning 65%, to 58, while igc's plummeted more than 80%, to 38(13/16), from their December highs.
机译:如果您认为互联网泡沫对投资者的打击是可怕的,请考虑一下它对Internet Capital Group Inc.和cmgi Inc.这样的公司所做的事情。这些公司之所以被称为孵化器,是因为它们投资或收购了成长中的Net公司并一直陪伴他们, 1999年股价暴涨。但是,当投资者对网络股票的估值感到不快时,孵化器受到了重创。自1月份的高点以来,cmgi的股价已下跌惊人的65%,至58,而igc的股价已从12月的高点暴跌逾80%,至38(13/16)。

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