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Technology Stocks : CMGI What is the latest news on this stock?

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To: Peter Greenhill who wrote (4482)2/1/1999 2:23:00 AM
From: B. A. Marlow  Read Replies (1) of 19700
 
Think CMGI's comment was merely "politically correct," Peter G.

I don't expect CMGI to keep that kind of money invested in YHOO. Plus, it has a history of "lightening up." But had CMGI said, "Well, we think YHOO is overpriced and we're gonna dump it because we can reinvest strategically..." you get the idea.

So CMGI will doubtless wait a few months and start to trickle out a bit of its investment from time to time. Be assured, it knows how to play.

Anyone disagree?

BAM
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