To all-forgetting the current deal talk--
Remember that CMGI will bring forth 4-7 new IPO's this year. Look at the 3 net IPO'S that came out today, they were up 200-300%,very hot.
Critical Path and Vicinity have filed for IPO's.Others that might file in 1999 are, Chemdex,Silknet,Engage Technologies,Navinet,Navisite,and and Planet Direct. These events have the potential to propel CMGI, remember Geocities IPO?
Don't forget the blowout earnings potential ,Up 250-300% in last two quarters, as well as profits from sale of held stocks. Then there is reinvestment of cash in new companies, such as Furniture inc. recently, etc.,David and team is reviewing 100's of potential investments per year.
I still think that CMGI might come out ok in the recent deal involving LYCOS (they put in$2mil,cashed out $149 mil with a possible residue of 6% of new company with a capitalized value of $1.2 billion,not a bad return on investment, UP 67450 PER-CENT. Yes I know that David is an excellent poker player and it looks like he can bluff with the best of them, he might just win some more rewards in this case,let alone a ton of free publicity.
DAVE DICKERSON
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