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

To: Todd Pagel who wrote (11460)	7/6/1999 12:41:00 AM
From: mact	Read Replies (2) \| Respond to of 19700

to all, over the past few wks, i've followed this thread and have perused this company...their vision, execution and leverage tactics are quite impressive....they have nice stakes in critical path, furniture.com, lycos, geocities(now sold i believe), silknet, raging bull and now AV(just to name a few of the 30 or so they have stakes in)...to have bought into this company approx. 6 months ago would have been a no brainer but the 1 yr. range is now $8-->165(now at 114), hence its already a 14 bagger!...perhaps this isnt the place or time to delve into this but after doing the DD/research, i feel that Softbank Corp. has much more potential then CMGI(JMHO) and is the better value....Masayoshi Son of Softbank has so far invested approx. 1.7 billion dollars in over a 100 upstart inet co's(as compared to CMGI's 30) ...this investment is now worth approx. 15 billion dollars after taking into consideration only the 10 or so co's he's taken public as of today....just his 27% stake in yahoo(US and Japan) is worth over 10 billion....he also has stakes in etrade(japan and US),zdnet,USWeb,TrendMicro,E-Loan,buy.com,1(800)flowers,healtheon,mindspring,backweb,tradescape,verisign,multex,geocities,ciscoJapan,broadcast.comJapan..and the list goes on and on....Softbank appears to have much more in quantity and quality co's currently "incubating" IMO....a recent forbes article stated that Son owns apprx. 7-8% of the entire internet right now(not sure how they figured this one out ..lol)....he is currently bringing successful US inet co's to all of asia and even europe now(recent agreement to start venture fund with the french co. Vivendi) and localizing them(ie-yahoo and etrade japan)....this company is currently trading for 238 US dollars...a recent Lehman's report gives it a target of 340 dollars....this stock has gone from 40's to now 238 over the past yr...the upside potential is still there when u consider that the japanese economy has just started to recover and the % of japanese households that have PC's is approx. 10-15%(hence the amt. of japanese currently online is miniscule)....the i-net craze is just starting to be actualized in japan and it wouldn't surprise me if they experience what we in the US market saw over this past yr with the inet craze....currently, the japanese financial mkts are a very closed system(only 1-2% of people have brokerage acct's), but softbank and nasdaqUS have just agreed to develop nasdaq japan, thus quickly globalizing their own and other world mkts....online trading will catch on fire in japan like it has done in the US...this process will also allow many new upstart japanese high tech. companies to go public(which will benefit softbank tremendously)....lastly, it must be stated that i'm long on softbank(sftbf/9984), hence u must take everything i've written with a grain of salt...lol....it will be interesting to see who(CMGI or Softbank) will ultimately win out, but i have a feeling they will both do quite well....i do realize that most reading this are long on CMGI therefore i hope this post was not offensive to anyone. mact