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

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To: Don Jeanblanc who wrote ()3/21/2000 10:41:00 PM
From: bullishgyy  Read Replies (1) of 19700
 
CMGI of Israel check it out(FORTY) $71 as of after-hours Tues. Eve
Formula Systems ADR

Based in Israel is a holding company for web companies. Total value of the companies stock 730 mlLL. Four of the companies they own are listed here in the US (CRYS) (FORS) (MGIC) and Applicom combined value of those companies are 1.2 Billion. (MGIC) makes an e-commerce software which has been written up as one of the easiest to use and adopt. It has a P/E of 16 and is trading at 2x sales. The company they own (MGIC) is a powerhouse and has begun to attract Brokerage firms interest.
(Go to this Link to see what a pretty savvy poster on Raging Bull Thinks of MGIC, (most of the facts check out don?t rely on Bulletin Board Banter alone but check it out for a pretty sharp and persuasive opinion)

ragingbull.com

(EIM) E-Sim still a jewel to Gen-x

E-Sim wins $1.5m. Contract

(March 21) - Jerusalem-based e-Sim yesterday said it has won a $1.5m. contract from Japanese Kobelco for the distribution of the company's products in the Far East. e-Sim develops electronic product simulations for e-commerce and product development.
Ken Dixon, president of e-Sim's embedded systems division, said the transaction is part of the company's continued involvement in the Far East market. The two companies last year signed a $500,000 contract under which the Japanese company will distribute e-Sim's turnkey solution for the electronics industry. In early New York trading e-Sim shares gained 8.12% to $31.62.

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