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

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To: joanne who wrote (625)7/7/1998 8:18:00 PM
From: ajunkh  Read Replies (1) of 19700
 
CMGI announced it will acquire On-Demand Solutions Inc., which will become part of SalesLink. SalesLink has been much maligned here and elsewhere as one of CMG's least successful subsidiaries, but this new acquisition adds some ecommerce punch to SalesLink. This move could be designed to make SalesLink more attractive to potential buyers if CMG wants to dump it soon, but it also could be that CMG is serious about turning SalesLink around. Opinions?

biz.yahoo.com
CMG Announces Acquisition of On-Demand Solutions
Adds 'Web-to-Warehouse-to-Customer' E-Commerce Capabilities
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