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


To: Scarecrow who wrote (14769)12/15/1999 4:20:00 PM
From: mike machi  Respond to of 19700
 
Banging between 217 and 220 on island, never seen anything like it.

MM



To: Scarecrow who wrote (14769)12/15/1999 4:21:00 PM
From: Scarecrow  Respond to of 19700
 
CMGI Announces Record First Quarter Revenues of $123.7 Million Internet Segment Revenues Grow 1,633% over Prior Year First Quarter and 352% over Preceding Quarter

ANDOVER, Mass.--(BUSINESS WIRE)--Dec. 15, 1999--CMGI, Inc. (NASDAQ:CMGI) today reported net revenues of $123.7 million for the first quarter ended October 31, 1999, a 131% sequential increase in quarterly revenues and a 231% increase compared with last year's first quarter. Net revenues for the Company's Internet business segment increased 1,633% compared with the first quarter of fiscal 1999, and increased 352% compared with the fourth quarter of fiscal 1999. Net revenues for the Company's fulfillment services segment increased 19% compared with the first quarter of fiscal 1999, and increased 11% compared with the fourth quarter of fiscal 1999.

Excluding the effects of amortization of intangible assets and stock - based compensation charges in both periods, CMGI's net loss was $6.8 million or ($0.10) basic loss per share for the quarter, compared to a net income of $460.6 million or $4.82 basic income per share for the previous quarter ended July 31, 1999. Including the effects of amortization of intangible assets and stock - based compensation charges in both periods, CMGI's net loss was $117 million or ($1.08) basic loss per share for the quarter, compared to a net income of $452.7 million or $4.74 basic income per share for the previous quarter ended July 31, 1999.



To: Scarecrow who wrote (14769)12/15/1999 4:24:00 PM
From: Rich1  Read Replies (4) | Respond to of 19700
 
Can anyone post link to C.C.? Thanks.