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To: GST who wrote (103262)	5/11/2000 7:20:00 PM
From: Robert Rose	Read Replies (2) \| Respond to of 164684

<Time for a little downsizing of the big money losers. biz.yahoo.com; I see this as very good news. It shows that cmgi is taking concrete steps to respond to the new investing environment. Were they not to do this, then I'd really be worried. Anyone with any direct contact with alot of these new economy startups and young companies knows they've been spending profligately (can you say isld?), and often very wastefully. The correction is very healthy (if not over), and the extent to which these companies begin to plant their feet on tierra firma is the extent to which I will feel confident to venture again into these treacherous waters....