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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?

To: mike machi who wrote (9564)	6/10/1999 5:17:00 PM
From: Millionairess	Respond to of 19700

from briefing before e/r was released: 16:58 ET ****** THURSDAY AFTER HOURS Just CMGI (CMGI) 101 1/2, and National SemiConductor (NSM) 22 1/2, to report on. Could you get two more opposite technology companies? NSM has its roots in the very beginning of the computer industry and is one of the original Silicon Valley companies, with a heavily technical hardware product. But it has been terribly out-of-date, and even has "obsolete products" as a highlight on its home page. CMGI was a marketing company, which just six years ago bought and sold mailing lists of college students, as its sole business. Now one of the biggest companies in the Boston area, CMGI is, in our view, one of the premiere Internet companies, and is on the absolute cutting edge of bringing new Internet companies to market. CMGI is both a kind of internet mutual fund and public venture capitalist now. National Semiconductor is at the absolute far end of the line in the mind of technology investors. Ask someone to name ten big internet companies: there's a good chance CMGI will come up. Ask someone to name ten big computer technology companies, we'd be surprised if anyone mentioned National Semi. But there was a time when National SemiConductor was on the top of the hill, where CMGI is now. The history lesson is worthwhile because, as a technology investor, you need to sell sometime and things change. With that in mind, NSM seems to be improving their lot in life, as today's release, which showed a loss of $(0.24) a share, as expected, but also stated that they expect to be profitable by November. The decision to exit the PC processor line of business, which they entered when they acquired Cyrix, was costly, but probably the right thing. That was the last revolution. CMGI, to continue the contrast, is likely to report a loss share on an operational basis, but it's extraordinary charges give it a profit. CMGI can, in effect, manufacture their own profits by selling as much or little stock as they want. CMGI's report hasn't been posted yet, but the thing to look for is what companies they sold stock in. CMGI's real product is internet stock. When they sell some, they reinvest the profits in startups. If want to listen to CMGI's conference call, you can do so with RealAudio at www.cmgi.com. The thing to watch for is any talk about iCast, the streaming media company that CMGI has raised $100 million for. In the past CMGI has refused to discuss anything at all about it. We will post CMGI's earnings here as soon as they are released, as an addendum to this story.