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: country bob who wrote (18659)	12/4/2000 3:00:13 PM
From: White Shoes	Read Replies (4) of 19700

VALUING CMGI Can someone please tell me this stock is a risk at these levels? The market has priced in the fact that CMGI owns a lot of "B2C crap" which it will never be able to exit from via IPO. But with the stock trading at $9 3/4, this is a value play. The company has $7.50 per share in cash, and although many of its holdings lose money, it has also shut many of them down and can redeploy its $2 billion in cash as needed to hot sectors or just sit on the cash. AltaVista has been a big disappointment but is turning profitable and will probably IPO in Europe in mid to late 2001 and in the US in 2002. Correct me if I'm wrong but CMGI also holds a stake in Lycos, which is profitable and diversified? Someone talk me out of this! WS

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