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: cyberman who wrote (4765)	2/12/1999 11:01:00 PM
From: Brian Malloy	Read Replies (3) of 19700

If Bloomberg wrote what you said then they need to have their head examined. Just a few quick facts to mull over. 1. USA network growing at 6% a year, LYCOS growing at 150% a year 2. Diller may be running the network for now but Edgar Bronfman the President of Seagram who now fancies himself as some kind of Hollywood mogule has been making a series of missteps and loosing money. 3. USA network wants to do a stock swap. Now I ask you, given 1 through 3 - why would anyone who ownes LYCOS stock today want to have it exchanged for USA Networks? They may call it a tantrum but it is fully justified. Not only is USA network throwing up a low ball bid that should be sunk, they don't even deserve to buy a company like Lycos. If they want a portal and their "brands" are so great then they should just leverage their name and build their own portal. This deal would be a plus for USA networks but it will greatly dilute LYCOS. There are better partners out there for LYCOS and they will come a'courtin in the next few years. Regards

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