I've got a feeling we're going to blow through 100 on Monday, seems like all the Internets are getting ready to take off. The Christmas Rally will start next week.
FWIW, CMG changed it's name to CMGI, Inc.
biz.yahoo.com
Friday December 18, 4:50 pm Eastern Time
Company Press Release
Shareholders of CMG Information Services Vote to Approve Company Name Change to CMGI
ANDOVER, Mass.--(BUSINESS WIRE)--Dec. 18, 1998--The shareholders of CMG Information Services (NASDAQ:CMGI - news) have officially approved the company's decision to change its name to CMGI, Inc. The motion was approved at the company's annual shareholder meeting hosted on December 17, 1998, in Andover, MA. CMGI announced the new name as part of its recently launched branding and image campaign which debuted earlier this Fall.
CMGI is the owner/operator or leading investor of more than 30 Internet companies spanning online community, commerce, content and infrastructure disciplines. Its new identity reflects this leadership position and highlights the company's ability to find, foster and promote Internet companies into major online brands.
Viewed as one of the best -- and most diverse - developers of emerging Internet businesses, CMGI has built a sizeable base of operating companies and, through its @Ventures affiliates, a portfolio of related Internet investments from which its shareholders benefit. This unique combination, and the synergy created for both its companies and their customers, is what CMGI calls ''creating Net value.''
About CMGI
A recognized leader in the Internet arena, CMGI (NASDAQ:CMGI - news) combines operating companies with strategic venture investments to create a broad and diverse set of businesses delivering Internet solutions. Microsoft, Intel and Sumitomo hold minority positions in CMGI.
The CMGI Internet Group consists of its majority-owned subsidiary companies Planet Direct, NaviSite, NaviNet, Engage Technologies, ADSmart, and The Password, as well as a minority interest in Magnitude Network.
The company's CMG@Ventures affiliates have ownership interests in Lycos, Inc. (NASDAQ:LCOS - news), blaxxun, GeoCities (NASDAQ:GCTY - news), Vicinity, Parable, KOZ, Silknet, Chemdex, Speech Machines, Softway Systems, TicketsLive, Critical Path, Mother Nature, Raging Bull, Universal Learning Technology, Virtual Ink, Ancestry.com, and Visto. CMGI also includes CMG Direct, SalesLink, InSolutions and On-Demand Solutions as majority owned subsidiaries in the direct marketing, fulfillment and turn-key arenas.
Corporate headquarters is located at 100 Brickstone Square, Andover, MA 01810. Telephone: 978-684-3600. Fax: 978-684-3814. Additional information is available on the company's Web site, cmgi.com.
--------------------------------------------------------------------------------
Contact:
CMGI CMGI
Deidre Moore Catherine Taylor
(978) 684-3655 (978) 684-3832
dmoore@cmgi.com ctaylor@cmgi.com
-------------------------------------------------------------------------------- |
