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Technology Stocks : DoubleClick Inc (DCLK) -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (2440)	6/27/1999 9:14:00 PM
From: GalSal	Respond to of 2902

IMHO CMGI won't consider changing from DCLK now or even when their contract with them expires. DCLK is superior. Again, IMHO, it will not be long before some well-heeled company tries to buy them.

To: puborectalis who wrote (2440)	6/27/1999 9:46:00 PM
From: RDR	Read Replies (1) \| Respond to of 2902

Here is the news you might have seen with some comments from DCLK per the article.. NEW YORK (CBS.MW) -- Shares of DoubleClick dropped 8.4 percent in heavy volume Friday afternoon on concern over the stability of its ad deals with the AltaVista portal, analysts said. Today on CBS MarketWatch Fed casts long shadow The Fed's watching the economy, not tea leaves Markets likely to stay nervous ahead of FOMC meeting Goldman Sach's reportedly eyeing Amvescap StockWatch: Blasts from Calandra's past More top stories... CBS MarketWatch Columns Updated: 6/27/99 3:57:48 PM ET Blair, William & Co. analyst Anthia Christian said there was concern that if CMGI acquires the AltaVista search engine, it will move ad sales, management and targeting operations to a pair of companies of which CMGI is part owner. The Internet incubator (CMGI: news, msgs) confirmed Thursday that it is in talks to acquire AltaVista, which some reports indicate could cost $3 billion. See related story. Compaq (CPQ: news, msgs) owns AltaVista, having acquired it as part of a purchase of Digital Equipment. CMGI owns chunks of both Adsmart, which offers ad sales and management services, and Engage, which has ad targeting and serving technology. The two privately held companies compete with the more established DoubleClick (DCLK: news, msgs). A DoubleClick representative, who declined to be named, said the concern was "an overreaction." The company inked three-year ad deal with AltaVista in January, and that contract is still valid, the source pointed out. "Alta Vista is the crown jewel for DoubleClick -- its largest customer," Blair William's Christian said. "It's not clear how the deal will work out, but the market is clearly deciding that today." DoubleClick's stock fell 6 12/16 to 74 7/8, while CMGI shares shed 3 1/2 to 93. The decline in DoubleClick bled over to Abacus Direct, which DoubleClick said two weeks ago it would acquire for about $1 billion. See related story. Abacus (ABDR: news, msgs) dropped 7 7/16 to 74. Separately, Compaq is scheduled to hold a conference call on Monday to discuss features and services on its AltaVista site. A Compaq representative said CMGI's bid for AltaVista would not be discussed on that call.