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: D Reinecke who wrote (3635)	1/10/1999 2:21:00 AM
From: Gary105	Read Replies (4) of 19700

Very crude evaluation: Including their subsidiaries and investments they own the equivalent of 12 entire companies (they actually own stakes in about 2 dozen companies including their subsidiaries), exclusive of GCTY and LCOS. GCTY 30% x $1.5B = 0.5B LCOS: 25% x $4B = 1.5B HLYW .06B So value exclusive of 12 companies = $1.6B As a WAG, assume 3 companies are worth $1B a piece and the other 9 are worth $100M each. Then valuation: = $1.6 + 3 + 0.9 = $5.5 B This admittedly is very crude and I will refine as time goes by. I think the range is between $4B and $8B). Thus far I have NOT been able to find a more refined evaluation. If anyone can please refer me to it and I will build on it. Bottom line: company is approaching "fair" valuation, if anything still below it. Further significant upmoves will require more substance/information (ie detailed analysis of companies subsidiaries - be it on "paper" or through IPOs) Gary

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