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: Sorin A. David who wrote (801)	7/27/1998 9:24:00 PM
From: Premier	Read Replies (2) of 19700

A few posts ago gcty/cmg relative math was discussed. Here are the assumptions: cmg owns 36.7% of gcty and will be diluted to 31% after ipo. Cmg has 21.5m shares outstanding. gcty will have 30.66m shares outstanding. Finally, let us assume gcty opens at $60. Here is the math: gcty market cap=30.66x60=1839.6m cmgi share=1839.6x.31=570.28m cmgi per share=570.28/21.5=$27. Therefore, if gcty opens at $60 it will be worth $27 per share to cmg. Good luck to all Premier

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