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Technology Stocks : Lycos -- Ignore unavailable to you. Want to Upgrade?


To: WYD who wrote (2189)6/26/1999 2:25:00 PM
From: Michael Young  Read Replies (1) | Respond to of 2439
 
I think they will care much more about their majority owned Alta Vista than Lycos, in which they only have 18% stake and don't get along with the CEO. Alta Vista would be CMGI's primary operating business.

MIKE



To: WYD who wrote (2189)6/26/1999 11:42:00 PM
From: Toby Zidle  Read Replies (1) | Respond to of 2439
 
Alta Vista/LCOS: synergy, not competition. Exactly!

Even though CMGI owns "only" 18 percent of Lycos, this amounts to three-quarters of a BILLION dollars. CMGI is not about to run this investment into the ground.