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Technology Stocks : 24/7 Media, Inc. (TFSM) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Tai who wrote (344)	12/15/1999 7:56:00 PM
From: Richard Tai	Read Replies (1) \| Respond to of 669

tfsm is the rodney dangerfield of internet stocks. cmgi buys yesm for around $500 million which is even higher now that cmgi jumped 30 points after hours. yesm has 8 million names under management giving them a value of around $60 per name. tfsm has 15.5 million names under management and if given the same valuation would equate to $930 million - and this is just for its email division. tfsm also owns $300 million china.com and $100 million shopnow.com. tfsm market cap = $1,300,000,000 24/7 Mail = $930,000,000 china.com = $300,000,000 shopnow.com = $100,000,000 total = $1,330,000,000 so basically you get tfsm's core ad network business for free. perhaps tfsm should sell the parts, create tracking stocks, or become an internet incubator.