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


To: LOGAN12 who wrote (12996)9/15/1999 9:29:00 PM
From: Jenne  Read Replies (1) | Respond to of 19700
 
$$$$$ CMGI ACQUIRES CHA! TECHNOLOGIES AND FLAGSHIP 1CLICKCHARGE SERVICE

Single-Click Platform Marks CMGI Entry Into Net-based Payment Systems
NEW YORK and ANDOVER, Mass.--(BUSINESS WIRE)--Sept. 15, 1999--CMGI, Inc.
(Nasdaq:CMGI - news), the world's largest and most diverse network of
Internet companies, today announced the completed acquisition of Cha!
Technologies, a New York-based e-commerce company whose flagship
1ClickCharge(TM) Internet payment service enables online merchants,
publishers and consumers to conveniently and securely exchange goods,
services and information over the Internet.

COMMENT: This is a nice addition to CMGI's already ridiculous portfolio of
Internet companies. If CMGI can lend a little magic to this company, they
could have another potential market leader on their hands.