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Technology Stocks : CMGI What is the latest news on this stock?
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To: DAVID BANISTER who wrote (8224)5/13/1999 9:50:00 PM
From: bundashus   of 19700
 
From Worth magazine May 1999. Need to Know, The Vision Thing by L.J.Davis page 32

CMGI is a marketing copy but also a venture capitalist. When 40% of CMGI's assets being held in investments, that makes it mutual fund under the 1940 Investment Company Act.

A way out for CMGI is to buy out one or more of the companies it has ownership in.

Lycos could be that company
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