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Technology Stocks : CMGI What is the latest news on this stock?
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To: kcmike who wrote (16456)2/13/2000 6:59:00 PM
From: ZenWarrior   of 19700
 
kcmike (PCCLF): Yes, I have been long ever since CMGI's shareholder meeting... 75,000 shares. :-)
It has a large mkt cap, but it also has a HUGE future, especially if they merge w/ C&W HKT because C&W HKT owns 60% (70% after warrant exercise) of the Star TV JV to provide Interactive TV and Internet services to Asia. This was the only viable competitor I saw against PCCLF, and even mentioned a few days ago that I hope they get together rather than competing against one another. Interesting that Li actually created Star TV. Talk about one brilliant man. There is a PCCLF board at RB, and probably one here. Basic thing is that they have invested in 30+ companies, are looking to start a massive satellite/cable broadband ISP service throughout Asia, and they also own 50% of CMGI Asia.
- Zen
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