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Technology Stocks : Data Broadcasting Corp. (DBCC)
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To: Jimmy Dell who wrote (2405)1/9/1999 9:38:00 AM
From: Michael Berkel  Read Replies (1) of 5102
 
Here's a dirt cheap Internet stock: CMGI. You laugh? It turned $4.5 mil into $108 mil in less than a year alone through its AMZN deal which will contribute several dollars per share in earnings.
Do the math!!

CMGI has gotten 225.558 AMZN shares pre-split in 1998,
as payment for Sage Enterprises and Reel com., per CMGI's
Oct. 98 10K subsequent to July 1998.

This holding is a huge unrealized GAIN for CMGI, worth several
dollars per share in earnings.
Imagine: AMZN has gone up several fold since last summer and
just recently split 3 for 1.

CMGI invested $4.5 million or 225.558 AMZN shares.
Today's AMZN price = $160 x 676.674 (3 for 1 split on Jan 5)
= $108.267.840.

Invest $4.5 million, turn it into $108 million in less than a YEAR
that's up 24 times the original investment.
Now if CMGI sold that it would have $108 million in earnings to
drop towards the bottom line -- or several dollars per share --
in earnings, which makes CMGI look way undervalued compared to
most Internet shares.

Remember buying and selling Internet investments is CMGI's core
business and this example demonstrates how profitable it works out.
You may add CMGI's 30% stake in Lycos and do the math on the appreciation of LCOS since CMGI participated.

You may add Geocities. You may add 30 IPO's which are currently
in the pipeline for the next 12-18 months.

Bottom line: CMGI is a money printing machine!!

Enjoy the ride!

Michael B.
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