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

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To: polarisnh who wrote (10803)6/24/1999 8:49:00 AM
From: Jenne  Read Replies (2) of 19700
 
MW 08:39 [CMGI] CMGI ACKNOWLEDGES DISCUSSIONS WITH COMPAQ, ALTAVISTA.
CPQ] COMPAQ CONFIRMS TALKS WITH CMGI ABOUT SELLING STAKE IN ALTAVISTA.

Could be an announcement after the bell

and Compaq confirm talks
Compaq may sell Internet unit later this week

By Janet Haney and David Callaway
CBS MarketWatch Last Update: 8:55 AM ET Jun 24, 1999 NewsWatch

PALO ALTO, Calif. (CBS.MW) -- CMGI and Compaq Computer confirmed Thursday morning that they are in talks for CMGI to take a controlling stake in Compaq Computer's Alta Vista search engine.

Both companies are also discussing the formation of a strategic relationship
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