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To: Seeker of Truth who wrote (3314)	1/16/2000 7:37:00 PM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 6018

Malcolm,...I was hopeful that the switch to a "holding company" status might have helped their tax status somehow, but I don't have a clue in reality. How does CMGI get around that tax problem? I know that I have several closed end country funds that pass on some pretty hefty capital gains liabilities to me at year end. In the absence of a US Exchange traded stock category, we may be stuck with "only" last year's market performance <G>. I am not as optimistic as Jay (or Michelda) but I would be happy with 400K for the year 2000. I don't know how I can say that with a straight face since I can remember the days when I would have been happy with a 50% gain for the year for any one stock and a 20% gain for the year from my portfolio. I realize that many people on the internet are used to these triple digit gains, but I'm not confident that we can expect that into the indefinite future.