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

To: Scarecrow who wrote (10692)	6/22/1999 10:50:00 PM
From: Jenne	Read Replies (1) \| Respond to of 19700

ragingbull.com

To: Scarecrow who wrote (10692)	6/22/1999 10:56:00 PM
From: Stuart C Hall	Respond to of 19700

Scarecrow, I agree with you. DW lost on the LCOS deal. Painted himself into a corner. I think we may be doing it again. CMGI has more pieces to make deals fit than any other company. For some reason, I just don't see AV making the grade. Nothing against the technology, but $2B is going to take a lot of success on the part of CMGI to swallow. Portals are about eyeballs, you mean to say we paid $2B so that I can do Boolean searches? Is AV in the top 20 of most visited sites? I think CMGI is going to drag down the sector unless they can immediately show some revenues from this deal. I don't feel the 'Nets can handle another ATHM/XCIT. The markets are thru rewarding companies for stock buyouts based on absurd valuations. I repeat, this is going in reverse of our business model. CMGI is supposed to incubate a company, help set it's valuation and pen a deal to make money. Paying $2B for an established name is going leave CMGI holding the bag if they aren't careful. I want to see how AV is supposed to be integrated into the CMGI fold before I'll be happy. I don't feel that anyone is infallible, even DW, and I think we'll see that reflected in the markets tomorrow. Regards, Stuart