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: Patsy Collins who wrote (730)	7/21/1998 11:26:00 AM
From: Jonathan Brown	Read Replies (2) of 19700

From today's Internet Stock Report: << With its 15 million users GeoCities market cap could exceed Lycos-Tripod (NASDAQ:LCOS), or more than $1 billion its first day, perhaps even $2 billion. Enjoying a top-10 slot in Relevant Knowledge's monthly surveys helps GeoCities in its value hunt. Consider that if its users were held at $100 each (the average for the top-10 is $121 or $104 without Yahoo!) that implies about a $1.5 billion value for GeoCities. To get more info on any of these IPOs contact the underwriters for each offering shown in the table. >> Talk about win-win. CMGI owns about 35% of LCOS. If the GeoCities IPO goes hog wild, as we fully expect it will, LCOS will benefit because the value of Tripod will rise accordingly. And if LCOS benefits, so will CMGI. A double play.

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