SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary105 who wrote (3636)1/10/1999 4:00:00 PM
From: Miguel Octavio  Read Replies (1) of 19700
 
CMGI is worth 4.4 billion market cap today.

Lycos is worth 18.5 million shares times $91= 1.68 billion, CMGI owns 25% or $420 million

Geocities has 30.7 million shares and close at $54.8=1.68 billion, CMGI owns 32% or 537 million

Hollywood Entertainment has 36.9 million shares and closed at $33.=1.2 billion so that CMGI has 33% or 400 million.

Running total is 1.357 million $.

Now it also has 100% of 10 other companies. Assume one home run (1 billion), one double (500 million) and the other eight an average of 100 million. (with consolidation coming in internet comapnies they could sell some of them for traffic etc, for good money). This gives 2.3 billion

Running total 3.6 billion.

CMGI also owns another 16 companies with an average ownership of 22%. assuming one home run two doubles and 13 hits this gives 726 million more or US$ 4.3 billion, very near the current market cap. But this is not its fair value.

This leaves out the possibilities of a huge success with one of the companies ($ 5 billion)as well as the fact that funds from any IPO or sale would be put back into new investments and the company has proven that it knows how to pick them. Add a little internet mania and you could easily justify the company being valued at 10-15 billion today and much higher in three years.

Miguel Octavio
Caracas, Venezuela
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News