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

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To: SHGLaw who wrote (6570)3/27/1999 12:31:00 AM
From: Todd Pagel  Read Replies (1) of 19700
 
Is the tide turning?

If people read the Lycos/USA agreement, they would know that if there was another offer tendered for Lycos, Archfiend Diller would have an immediate right to be sold a large proportion of Lycos stock, in fact just under the amount CMGI holds, I believe. Does DW want Diller as a large co-holder? Doubt it. Once the vote goes through, and is hopefully voted down, Diller doesn't have a leg to stand on. CMGI can move as they please. Right now, Diller has a slight advantage, but it is a waiting game. I think CMGI will let the shareholders slay the dragon. Then comes the reward for their help. Just MHO...
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