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Technology Stocks : CMGI What is the latest news on this stock?
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To: Nanlin Chiang who wrote (20)12/7/1996 11:37:00 AM
From: Don Jeanblanc   of 19700
 
Earnings of $1.45 are correct due to sale of some assets. I don't
know if they will maintain it short term, but these guys are very smart.
Lycos is wraping up deals left and right as is geocities - CMGI has
positions in both.

Long term I expect them to do quite well. They are sitting
on cash (estimate $5 - $9 /share) and announced buy back of
500,000 shares which should also help the bottomline and EPS.

Don
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