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

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To: Slumdog who wrote (5489)3/10/1999 8:50:00 AM
From: Scarecrow  Read Replies (1) of 19700
 
CMGI CEO says buying Lycos is one option

I have a high degree of faith in Wetherell, but I don't get this one. What was the average selling price for the Lycos stock that CMGI unloaded? Wasn't it much lower than where it trades today? While I can understand the concept of protecting the value of the remaining investment, buying LCOS cuts against the grain of the incubator strategy...

Mark, Badon, Millionairess, BAM... Any thoughts here?
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