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

To: FR1 who wrote (10708)	6/23/1999 6:09:00 AM
From: Robert Rose	Read Replies (1) \| Respond to of 19700

Wednesday June 23, 5:39 am Eastern Time CMGI in talks to buy AltaVista -- WSJ NEW YORK, June 23 (Reuters) - CMGI Inc (Nasdaq:CMGI - news) is in talks to buy AltaVista from Compaq Computer Corp. (NYSE:CPQ - news) along with other Internet assets for $2 billion to $3 billion in stock, the Wall Street Journal reported Wednesday. Citing people familiar with the situation, the paper said a deal could be announced as early as Thursday, though talks could still break down. The paper said that a deal with Compaq, if completed, would give CMGI the AltaVista search engine, currently one of the top 10 sites on the Internet, as well as Shopping.com, an e-commerce site, and Zip2.com, which offers local content, according to people familiar with the matter. The three companies are projected to record about $250 million in sales this year but are not profitable, these people say. One person close to the matter also said that CMGI remains interested in a possible purchase of Lycos Inc (Nasdaq:LCOS - news). CMGI owns an 18 percent stake in Lycos, the No. 2 Web portal, and has been holding talks with Lycos over the past several weeks. This person says an AltaVista deal would not preclude a future Lycos purchase the Journal said Officials from Andover, Mass.-based CMGI declined to comment, according to the paper, while Compaq said it couldn't comment on rumours or speculation. Officials from Waltham, Mass.-based Lycos did not return calls.

To: FR1 who wrote (10708)	6/23/1999 12:06:00 PM
From: Millionairess	Read Replies (1) \| Respond to of 19700

maybe a/v's language translator could possibly be used with some of CMGi's community businesses such as ragingbull and myfamily.com not sure how i feel about the altavista investment - would like to hear the details first - when media metrix numbers were released they showed increased usage for lycos BUT it would be interesting to see these numbers broken down among the different LCOS properties - i would bet that the HOTBOT engine gets a significant amount of that traffic - maybe the CMGi buy of altavista could be good since they would be aquiring one of the attractive aspects of LCOS (powerful search) and could target the eyeballs that HOTBOT gets versus acquiring a lot of redundancy - i would like to hear CMGI's plans on how they intend to execute