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Technology Stocks : Roaring Internet Stocks

YHOO 52.58

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Jun 26 5:00 PM EST

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To: scotty who wrote (684)	1/1/1999 8:43:00 AM
From: Michael Berkel	Read Replies (2) of 1530

CMGI Top Pick for 1999 of "Internet Stock News". CMGI ranks among the Top Picks of Internet Stocks that the editors of the e-newsletter "Internet Stock News" think will fare best in 1999. CMGI is a publicly traded Internet Venture Capital company which owns large positions up to 100% complete ownership in over 20 leading Internet companies involved in content, e-commerce, advertising, marketing, software, you name it! They are extremely profitable with over $1 per share in the past 2 quarters and trade at a current PE ratio of around 50 which is dirt cheap, given the awesome growth potential of the companies in which CMGI has invested. (For example AOL is trading at a mind boggling 450 times earnings) CMGI has had the insight to invest in AOL, Lycos (the rapidly growing nr 3 portal of which CMGI owns 25% of the shares), Geocities and many others. Between 20 and 30 companies will be brought public by CMGI through IPO's in the next 18 months. Although the stock has had a huge run so far, this is an Internet Giant (Monster) that very few know about. CMGI's stock will split beginning of January 1999, making it more accessible to smalltime investors.

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