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

To: James Thompson who wrote (12548)	8/13/1999 4:10:00 AM
From: Jan Garrity Allen	Respond to of 19700

Earnings coming up in Sept and this is a long term core holding! Mother of all fall rallies on the way and IMO a rate cut by the end of the year!!!!<<;-)))))))))

To: James Thompson who wrote (12548)	8/13/1999 6:11:00 AM
From: sunny	Respond to of 19700

CMGI's valuation from another perspective: CMGI's stakes in minority held companies is worth 1.5b$ in the public companies (CPTH, YHOO, LCOS, CMDX SILK) and should be worth at least another 800 million for the remaining 20 minority stakes in non-public holdings. If we substract this amount (2.3b$) from the current market cap of 9.5b$, we get a mere 7,2b$ for the Internet group of CMGI (majorities in AltaVista, Navisite, Engage, Adsmart, Activerse , PlanetDirect etc.). The current P/S ratios for: Yahoo 73.5 Lycos 21.6 SEEK 15.3 (Source: SI Profiles) Let's assume a P/S of 50 is reasonable for CMGI since it's market position is slightly weaker than Yahoo's though being a lot better than those of Lycos and Infoseek. From the latest earnings report: The total revenues of consolidated subsidiaries, which include Engage Technologies, Magnitude Network, Planet Direct, and several other entities, jumped 141%, to $43.7 million, compared with the same quarter last year and 12% since the second quarter. From a RedHerring article on AltaVista: Mr. Naik estimates that AltaVista brings approximately $150 million in new revenue to the table. The Internet Group from CMGI should achieve at least 160 million $ in revenue this calendar year. Adding 150 million from AV et. al results in 310 million $ for 1999. Assuming a reasonable P/S ratio of 50 this results in a reasonable market cap of 15.5b $. Currently the CMGI Internet Group is valued at 7.2b $. It looks like 150$ per share should be achievable over time baring any unexpected problems. regards sunny

To: James Thompson who wrote (12548)	8/13/1999 9:15:00 AM
From: Scarecrow	Read Replies (3) \| Respond to of 19700

Now that things appear to be stabilizing other net stocks are dominating the revival. Its easier for the average investor to understand an EBay, Yahoo, or AOL. CMGI won't join in until shell-shocked investors are confident of the direction, but when that happens don't stand in the way. Recall, too, that it took investors an awfully long time to "discover" CMGI the first time around, too. I mean, you could have bought this stock -- within the last year alone -- at 8 5/8... We were a laggard going up the hill last time and that could be happening again?