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Technology Stocks : CMGI What is the latest news on this stock?
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To: Guardian who wrote (6702)4/3/1999 2:00:00 PM
From: Austin S.  Read Replies (1) of 19700
 
Gardian - You are incorrect regarding CMGI always taking more than 15% interest in the companies in its stables. The list of companies owned by CMGI and their respective percentages are:

Lycos 20%
GeoCities 29%
Silknet 24%
KOZ 14%
Softway Systems 9%
Speech Machines 22%
Chemdex 16%
TicketsLive 16%
Critical Path 7%
MotherNature.com 23%
Visto Corporation 6%
Universal Learning Tech. 12%

And now: MSGI 15% - Did you ever stop to consider that MSGI's President and CEO, Jeremy Barbera, wouldn't allow CMGI to take any more than 15% of MSGI. This is very likely what took place, especially if you remember and consider that GE Capital already owns 24% of MSGI. MSGI has two very formidable and stragtegic partners in both CMGI and GE Capital. MSGI is heading on up.
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