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Technology Stocks : CMGI What is the latest news on this stock?
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To: Phil Jacobson who wrote (4481)1/30/1999 5:25:00 AM
From: Peter Greenhill  Read Replies (2) of 19700
 
<I'd much prefer them to sell all or most of the YHOO and use the cash to do what they do best - invest in great Internet entrepreneurs who have far more upside potential than YHOO at over $350/share.>

I agree. To me it wasn't obvious that they would want to keep the YHOO shares. Holding 3% of YHOO does link CMGI's fortunes with those of YHOO. It is a matter of opinion whether this is positive or negative but I do have some doubts.
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