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Technology Stocks : Lycos

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To: Michael Young who wrote (2200)6/30/1999 10:52:00 PM
From: puborectalis  Read Replies (1) of 2439
 
The acquisition of AltaVista is a big deal. It puts CMGI on
equal footing in the portal space. 'It is a home run for CMGI,'
says Ullas Naik of First Albany. 'The company purchases
well-trafficked portal at half the value of Lycos,' he adds.
Naik believes CMGI will probably take AltaVista public within
the next 6 to 9 months.

As to how Lycos fits within CMGI's portal strategy, Naik
thinks that Lycos and AltaVista can peacefully co-exist in
the CMGI portfolio on their own.
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