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: Urlman who wrote (892)	7/31/1998 9:25:00 PM
From: Doug (Htfd,CT)	Read Replies (2) of 19700

Urlman, CMGI is essentially a closed-end mutual fund. Its value consists of the combined value of its investments in other companies. Its direct earnings are negligible in comparison. Why is CBS so off-base, in your opinion, in describing it as such? It is not, of course, a registered investment trust. But, like BRK, the bulk of its value is in its net asset value as a mutual fund that specializes in Net stocks. Doug (originally invested in CMGI in November 1995 at split-adjusted $22/share, sold out and invested again in October '96 at split-adjusted $6 ... no position in CMGI at this time)

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