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

To: Duane Greg who wrote (14285)	11/22/1999 4:23:00 PM
From: Brian Moore	Respond to of 19700

RE: B2B fund at CMGI I liked this quote (from the New York Times) last week: "So what comes next? With the first phase of this wall-destroying Internet revolution -- the e-mail and e-commerce phase -- now fully under way, I posed that question to John Chambers. Mr. Chambers runs Cisco Systems, which makes the routers that run the Internet. Beware: He has an obvious stake in touting the Internet. But note: His past predictions have proved extremely accurate. Mr. Chambers argued that the second phase of the Internet revolution - businesses absorbing the Internet and using it to relate to one another - was now just taking off, and that this was going to be a monster market. There is barely a C.E.O. in the developed world who in the last six months hasn't said to himself: "Oh my God! This Internet thing is real. Somebody call me an Internet doctor and wire me up." Once a C.E.O. understands that absorbing the Net into every aspect of his or her business "is the only way they are going to survive," said Mr. Chambers, "they are going to be spending big bucks on it. That's why I believe that Y2K will be short-lived, and after that we are going to see one of the best years the computer industry has ever seen." Ummm. Just now taking off. Monster market. Ummm.