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

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To: D.J.Smyth who wrote (397)	4/16/1998 6:21:00 PM
From: Doug (Htfd,CT)	Read Replies (1) of 19700

Wired News: "GeoCities' new CEO, Tom Evans, is a hard-driving salesman who doesn't intend to waste any time before he starts knocking on doors in the online community's 40 neighborhoods, seeking to increase the revenue that GeoCities' 1.7 million "homesteaders" generate." Evans' goal at the Santa Monica, California-based company will be to prove that the business model of "personal publishing" can work, shepherding GeoCities to an initial public offering as early as this fall." Full story describing Evans and Geocities' situation at wired.com Final paragraph: "Wetherell at CMG pooh-poohs those qualms. "Personally, I think we could take GeoCities public tomorrow," he says. "Obviously, we want Tom to be very much involved in that decision. With his professional guidance and leadership, it can not just be a strong IPO, but a strong public media company." Doug (long CMGI)

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