Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (78361)	9/24/1999 4:08:00 PM
From: Mark Fowler	Respond to of 164684

RESEARCH ALERT - First Albany ups CMGI <CMGI.O> NEW YORK, Sept 24 (Reuters) - First Albany said it raised its rating on CGMI Inc. to buy from accumulate and raised its target price to $200 a share from $125. -- Its acquisition of AltaVista is expected to close in the next few weeks. First Albany expects an IPO in the first half of next year. -- Expects IPOs on at least 12 to 15 companies within CGMI in the next 12 to 18 months. -- Expects fiscal Q4 earnings at $4.03 a share on revenues of $51.7 million -- Shares were trading at $84-3/16, up 2-7/16, in early Nas daq trading. REUTERS Rtr 10:20 09-24-99