Lycos Message Board - Msg: 10344084

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Technology Stocks : Lycos

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To: puborectalis who wrote (2201)	7/1/1999 12:01:00 AM
From: getgo234	Read Replies (2) of 2439

LCOS has a market cap of $ 4.0 billion as of the close today based on the shares outstanding as reported in the YHOO profile section for LCOS. That's $ 3.28 billion for the 82% that CMGI doesn't own. The value of Alta Vista (20.9 million shares of CMGI + $ 220k for 83% of Alta Vista) equates to $ 3.2 billion. Doesn't sound to me like CMGI was able to buy Alta Vista for 50% of what it would cost to buy LCOS. Comments please. Alta Vista is close to break even due in part to the fact that the company has spent a total of $ 1 million for marketing year to date. Doesn't sound to me like Alta Vista was such a bargain relative to the cost of purchasing LYCOS.

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