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

To: Scarecrow who wrote (12605)	8/18/1999 9:50:00 AM
From: AmericanVoter	Read Replies (1) \| Respond to of 19700

any chance that Mr. DW was trying to appeal to the larger segment of internet investors that only understands IPOs and some fast money..!! If we consider that, then may be he is being an internet politician... appealing to the larger segment... best regards amein

To: Scarecrow who wrote (12605)	8/18/1999 10:05:00 AM
From: PDL	Read Replies (1) \| Respond to of 19700

I didn't see the interview and I can appreciate your concerns if DW said (and acted) as reported. But I suspect we are missing the broader strategic point: principally, CMGI is an incubator company but an incubator with a difference. All of the @Venture investments fit into the "synergy" model (kieretzu?) that the sum of the parts is worth more than the individual pieces, especially if they can leverage off of one another. I'm sure DW sees the AltaVista investment and plan as a primary means of enhancing and bringing added value to the many other parts of the puzzle. And AV may be (itself) an ultimate spin-off possibility once enough "value-added" has been achieved to make it worthwhile. AV is a new branch in the CMGI tree: using CMGI's expertise and understanding of the internet to buy an under-performing property at an attractive price and putting it through the CMGI-value-added processor to the benefit of all pieces of the puzzle. And the AV investment makes CMGI, at least for the moment, a true "internet operating company" which avoids the threat of SEC mutual fund designation. Bottom line: I wouldn't get too pessimistic over one (perhaps poor) interview on the part of DW. We've all suffered this summer with the internet correction -- the relative depression of this thread perhaps is an indicator that we are at (near or beyond) the bottom, at least as far as CMGI is concerned. As Sunny has shown, CMGI is very fairly valued here, at least as compared with the "sum of the parts." I'm looking forward to significant upside 6 months from now, so I'll just try to ignore the day-to-day fluctuations (although that's tough to do). Just an opinion. Good luck to all the longs!