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: Robert Rose who wrote (2924)	12/17/1998 11:11:00 AM
From: Ron Kline	Read Replies (1) of 19700

On page 3 of the presidents letter of the Annual they mention that they exchanged PlanetAll for 100 million in AMZN stock. It does not mention anything about selling it so I assume they still own it. They also own 30 million of HLWD from a sale of Real.com to them and that stock is making new highs. Overall CMGI is really a mutual fund of internet stocks and with proven management with an ability to pick the right ones (except maybe Redbrick), it seems a logical holding for people believing in the internet, and who don't like chasing hot internet IPO's to get in the ground floor. Buying LCOS, GCTY and others at less than $1 a share seems to me a better deal. Ron PS- Official breakout today....A great day for all longs.

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