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Technology Stocks : CMGI What is the latest news on this stock?
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To: AmericanVoter who wrote (10878)6/25/1999 9:46:00 PM
From: Michael Young  Read Replies (1) of 19700
 
It seems to me that CMGI will have to use up most of their $1billion cash hoard to get Alta Vista. They can obviously use some stock, but CPQ will be leery of accepting it as any kind of currency. CPQ apparently needs cash, and they would have trouble converting a large amount of CMGI stock into cash without crushing CMGI in the process.

MIKE
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