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

To: AmericanVoter who wrote (13105)	9/25/1999 5:09:00 PM
From: ZenWarrior	Read Replies (1) \| Respond to of 19700

Here's my final #'s (final for today at least... LOL!): I believe the GCTY sale price is about $100/share: 8.8 million shares of GCTY were sold for about 5.87 million shares of YHOO @ about $150/share. We're basically looking at $85/share gain ($15/share IPO cost basis) - 20% to profit partners = 68/share - taxes = 41/share. 41 x 8,772,356 = 360 million gain. Divide by 95.3 million or so shares outstanding (before AV purchase) = $3.77/share gain just from GCTY. CMG Direct was sold to MSGI, and (from last quarter's 10Q: "On May 13, 1999, CMGI completed the sale of its CMG Direct subsidiary to Marketing Services Group, Inc. in exchange for cash of approximately $13.9 million and approximately 2.3 million shares of MSGI stock." MSGI closed at 37 3/8, so that = $86 million in stock + 13.9 million cash = $99.9 million gain on sale. Subtract taxes, and it's about $60 million, or another .63/share I BELIEVE ENGA will account for another $74 million - taxes = $45 million "gain on stock issuance", which equates to another .47/share gain. I'm still a little fuzzy on that, but I believe that is correct after getting further input from zBeachbum @ RagingBull's CMGIOT board. Subtract (.30) loss from operating companies, add in some taxes which that loss would bring back in, and we're looking at a grand total of about $4.70/share!!. ENJOY! - Zen :-)

To: AmericanVoter who wrote (13105)	9/25/1999 7:11:00 PM
From: Dave Dickerson	Read Replies (1) \| Respond to of 19700

To all-Just some comments on Monday's earnings. July 1998 cmgi made +$32 cents /share and from July,1998 to March,1999 had a great run. In April,1999 cmgi missed consensus by 50% to the downside, and from then to present time has been sideways to down. Now the rule of thumb is that net earnings don't matter to net stocks,I say hogwash, they matter, just look how our stock price varies based on our earnings record. In 1994 we made 2 cents/share,in '95 we made 5 cents,in '96 we made 20 cents/share,in '97 we lost 44 cents/share ,in '98 we made 14cents/share and so far in 3 quarters of 1999 we have lost 30 cents/share. Concrete earnings mean that we have ample cash to pursue other investments and R&D. As for earnings to be of no value because they are a one time event, look at it this way, what if we were developing 48 different sports cars ( as in our 48+ companies within cmgi),and as we got one up to a fine state of development we sold it for a profit of 25,000 % of original investment (as in the case of Geocities), it would have a great affect on our cash flow and our ability to buy other sports cars of new designs that would help make us a leader in the field. This event is not to be scoffed at. Now once again what are the various estimates for our fourth quarter, going into Monday at the close of the market. Zacks and whisper 9/24/99 -$.31/share first call 9/20/99 -$.17/share first call 9/24/99 +$2.47/share Terri Keenan CNN Money week 9/24/99 +$2.47/share Nelson's broker consensus 9/22/99 +$3.27/share DJ Albany 9/20/99 +$4.03/share with upgrade to buy and 12 m. target to $200 first call 9/24/99 +$4.08/share (range +$4.03 to +$4.15) Zen 9/15/99 +$4.50/share w/o engage earnings Zen 8/23/99 $6.37/share Zen 9/24/99 $7.10/share with engage earnings Lots of variation, but in any case there should be plenty of cash in the coffers to invest in other neat deals. IMVHO,I'd look for a run to above $140 over the next 6 months. Good Hunting DAVE DICKERSON