CMGI What is the latest news on this stock? Message Board

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Technology Stocks : CMGI What is the latest news on this stock?

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To: JScurci who wrote (9525)	6/10/1999 2:37:00 PM
From: Hands Off	Read Replies (2) of 19700

"Internet generated $301 billion last year" This is a headline in USATODAY - paper edition. I did not find the article on the usa website. The study was done by Univ of Texas and sponsored by CISCO so there is a bias. Highlights: 1. Internet economy generated $301 billion in revenue last year. 2. 1.2 million jobs created in 1998 3. $301 billion is small when compared to US $8.6 trillion economy but large when you compare it to US carmakers which had $350 billion 4. Internet economy doubling every 9 months - not the 12-18 months previously estimated. There is more, revenue per internet employee is $250,000 vs $160,000 for non-internet workers, $301 billion in revenue is almost as large as the economy of Switzerland, etc. It breaks down the internet into 1). infrasture, the hardware 2). applications, software 3). intermediaries, travel agents/brokerages 4). e-commerce. Most of the revenue comes from #1 - $115 billion. CMGI is in #2 & #4. (Any thoughts on the % in each?). The whole article, in theory, is at internetindicators.com but I have not been able to access it. Marshall

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