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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David Cecil who wrote (18680)	12/6/2000 3:06:41 PM
From: White Shoes	Read Replies (1) of 19700

Hi, I should really double check this, but somewhere else I read that CMGI has not yet sold its Lycos/Terra stake, but plans to do so. CMGI is very oversold. I understand that major mistakes have been made, but I also know that AltaVista (to take one example) is very serious about what they are doing, and have a bright future ahead of them including reaching profitability in a few months. Market conditions will likely allow an IPO in 2001 in Europe and 2002 in North America. These liquidity events still are a key to CMGI of course, hence a major risk, but when they do occur they are sweet. Reading elsewhere, it also seems they have shares in eBay (sold Half.com). So basically their fortunes are tied to this tech market, including some leaders (not complete junk) they own. And very much tied to making intelligent investments going forward. Since they have shut down many losing propositions I see no reason to doubt that they are being strategic in their role as an incubator / investor. $7.50 per share IN CASH!!! WS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next