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Technology Stocks : CMGI What is the latest news on this stock?
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To: Don Jeanblanc who wrote (1073)8/4/1998 9:35:00 PM
From: DWW II  Read Replies (1) of 19700
 
....>>>>>>>Scott: Thanks for your information. As I have always said - these CMGI guys are
very vert smart. They have actually taken reel.com and Plant Direct public at their
(CMGI) price without having to worry about market reactions. CMGI has actually
placed these companies in the hands of others that can expand them at no expense
to CMGI - but CMGI still maintains a position in them by taking a position in the
shares of the aquiring companies at the same time of getting some cash to purchase
new internet companies. Don...<<<<<<

and not paying any capital gains taxes doing it. DWW II
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