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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

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To: Stcgg who wrote (29005)	10/10/1999 4:07:00 PM
From: Benkea	Read Replies (2) of 99985

Stcgg: RE: CMGI You do know $10 bil CMGI has $500 mil in cash, $3 bil (as of 7/31/99 BEFORE the rally) in public equity holdings (HLYW, LCOS, YHOO, AMZN, SILK, ENGA, CMDX, CPTH, etc), or that they earned a real $4.74 (about a $1/2 bil) per share for last QUARTER ? They also have AltaVista which will IPO in 2000 for AT LEAST the $2 bil they paid. Then again there are the interests both minority and majority (some wholly CMGI owned) in about 75 private companies. biz.yahoo.com This ain't no YHOO earning $374 THOUSAND in after tax net for the last nine months with a $65 bil (including 50 mil in $23/avg options outstanding) market cap. That said, here is an article about the bullschit accounting heinz and I have been moaning about in the nuts: biz.yahoo.com

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