CMGI What is the latest news on this stock? Message Board

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Technology Stocks : CMGI What is the latest news on this stock?

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To: Scarecrow who wrote (14524)	12/4/1999 6:50:00 PM
From: Hands Off	Read Replies (2) of 19700

Picked up the weekend edition of Financial Times - wanted to read about the E. Safra murder since I use to work at one of his banks in Geneva - and was surprised to see a small blurb about CMGI. It was about portals and AV basically saying that we expect to IPO AV with a market cap of $5 billion which ain't too shabby since we only paid $2+ billion (plus improvements and advertising) less than 6 months ago. Article went on to say that based on page hits AV is only worth about $1.7 billion when compared to Lycos, but $15 billion when compared to Yahoo. (Either Lycos is undervalued or Yahoo is overvalued!) Conclusion from article: Once we IPO a merger with Lycos makes wonderful sense and we should have the capital to do it. Marshall

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