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: George Martin who wrote (6420)	3/20/1999 10:21:00 PM
From: Scarecrow	Read Replies (2) of 19700

George and thread -- One aspect that I keep thinking about is the critical mass that CMGi holds in the Internet start-up space. Think about it. If you're cooking up a really neat Internet business idea and are looking for funding, CMGI @Ventures is THE place to go for funding... If @ventures puts money into you, it sends this HUGELY positive signal to the market. Entrepreneurs kill to attach that kind of credibility to their businesses. That, and the kereietsu (oh, I won't even TRY to spell that one correctly!!) effect makes CMGi a MAGNET for excellent startups. To me, that means that DW and the gang are sifting through 1,000 quality business plans a month with the luxury of selecting the ripest, most delicious fruits. If you buy into this line of thinking, it suggests that the best CMGi businesses may still be in development and are as yet unheard of -- even to CMGi execs... That's one of the main reasons why I consider this a long-term core hold.

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