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Technology Stocks : divine interVentures, Inc. (DVIN)
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To: astyanax who wrote (86)4/19/2000 4:26:00 AM
From: Edwin S. Fujinaka  Read Replies (1) of 246
 
It sounds credible to me that CMGI and DVIN would merge via a buyout by CMGI. (I was out of town for a week or I would have responded sooner). The current weakness in the Internet stocks and the poor outlook for IPOs set the stage for mergers and the disappearance of many of the weaker players. $2 1/2 billion may be too high considering the relative positions of the two companies. In practice, it may not really make all that much difference to Chicago or Chicago area companies. CMGI has a proven track record of bringing out IPOs and they may be in a better position to wait for the right time than DVIN. I see that CMGI has delayed their IPO of Alta Vista too. (I'm a little worried that Alta Vista is suffering from competition and could be one of the Search Engines that will finally disappear in the end.) The bloodbath for the internet stocks may not be over either.
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