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

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To: Larry Zenith who wrote (10676)6/22/1999 9:27:00 PM
From: bundashus  Read Replies (2) of 19700
 
I believe you are correct. The mutual fund status is the driving factor behind this deal.

CMGI is not over paying if they can get Alta Vista for $2b. Infoseek has a market cap of $3b and Inktomi has a market cap of $5.53b

Why is SI board so gloomy over this deal. I went to Yahoo and most of the responses are positive.
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