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Technology Stocks : CMGI What is the latest news on this stock?
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To: mike machi who wrote (14100)11/16/1999 8:11:00 PM
From: Count de Monie  Read Replies (1) of 19700
 
What does the CEO mean when he said they have $5 billion worth of marketable securites? Does it mean that all the stocks in the internet companies partly or wholy owned by CMGI is worth $5 billion at this point? How can CMGI have greater revenues than AOL when CMGI's revenue is $150 million last quarter?

Thanks,
Count de Monie
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