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: snp who wrote (6607)	3/29/1999 8:29:00 AM
From: Austin S.	Read Replies (2) of 19700

Have any of you looked into MSGI, which is CMGI most recent investment? CMGI is taking a 15% stake in MSGI, which is a direct and internet marketing company whose revenues have grown from $16 in 1996 to $100 million (annualized for 1999). GE Capital also owns 24% of MSGI, and MSGI looks dirt cheap as compared to DCLK - which is now trading at $182+. Also, MSGI's President & CEO stated a few weeks ago that his goal is for MSGI to become a $250+ million revenue company by end of 1999. Is this why CMGI bought into MSGI - because of its explosive growth? Anyone know anything else about MSGI? Also, I note that MSGI will soon be listed on the Nasdaq Nat'l Market board very soon. biz.yahoo.com

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