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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 (13092)9/24/1999 10:47:00 AM
From: Mark Peterson CPA  Read Replies (1) | Respond to of 19700
 
Hey everybody, just put the stock away and forgetaboutit....

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