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: kcmike who wrote (8213)	5/13/1999 5:18:00 PM
From: Jenne	Read Replies (1) of 19700

Considering the blood in rest of the net.. CMGI handled it pretty well.. I hope it bounces back tomorrow.. along with the rest... we sure do need it. (whew!) CMGI (CMGI:Nasdaq), which invests in Internet companies, has entered into a strategic alliance with Gateway (GTW:NYSE). Gateway will invest $200 million for an ownership stake in CMGI, joining Microsoft (MSFT:Nasdaq) and Intel (INTC:Nasdaq), which hold minority positions in the company. Gateway and CMGI will seek out collaborative business and investment opportunities on the Internet.

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