BEST INTERNET STOCKS TO OWN IN 1999 Message Board

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Technology Stocks : BEST INTERNET STOCKS TO OWN IN 1999

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To: Sunnie who wrote (161)	3/10/1999 11:17:00 AM
From: JOHN CHEN	Read Replies (2) of 471

I have decided that I am not going to raise price target on CMGI. CMGI has a market cap of 9.8 billion or about; its stake in GCTY and LCOS are worth about 1.8 billion if they were to cash out, which justifies their market cap at $200 per share. Beyond that, I would need to see additional companies, which they hold, go public and see if these companies are worthy enough to increase CMGI price target. At this point, I feel CMGI is fairly valued. I would also wait and see if CMGI, indeed, will take over LCOS as reported today.

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