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

To: country bob who wrote (18659)	11/30/2000 7:04:50 PM
From: 10K a day	Read Replies (1) \| Respond to of 19700

I'm going to wind down my life sharing a trailer with BMFM. cb HAHAHAHAHAHA....Oh man!.....i'm not well off....BUT i will send you a check to help you out....lol

To: country bob who wrote (18659)	12/1/2000 8:08:58 AM
From: John Carragher	Respond to of 19700

Dow Jones Newswires -- December 1, 2000 Dow Jones Newswires CMGI Sold 8.4M Lycos Shrs Before Oct 27 Merger By ERIC BOVIM Of DOW JONES NEWSWIRES MADRID -- CMGI Inc. (CMGI), the U.S. Internet start-ups and venture-funds operator, denied a media report it had sold 19.8 million shares of Terra Lycos (TRLY) since Nov. 13. A CMGI official, in a written statement to Dow Jones Newswires, said: "CMGI has not sold any Terra Lycos shares since the merger...(on) Oct. 27." CMGI said it had sold 8.4 million shares of Lycos over a period of several months leading up to the merger. The CMGI spokeswoman declined to comment on whether CMGI had more Lycos shares that it planned to sell. She denied the pre-merger sales were the result of a loss of confidence in Terra Lycos. Its shares have fallen 43% in November, ending the month at an all-time low of EUR16.04 in Madrid. CMGI has sold Lycos stock "steadily over the past four years," it said, adding that "it is typical for CMGI to periodically sell shares of companies that have gone public within our venture capital funds." Terra Lycos officials weren't available for comment. Analysts, including Jamie Wood, head of European Internet research at J.P. Morgan in London, have attributed some of the downward pressure on Terra Lycos stock during November to hedge funds. Wood said funds played the arbitrage game before Terra Networks and Lycos Inc. completed their merger. They then began selling to cover their short and long positions, explains Wood. However, by policy, CMGI doesn't hold shares of a public company for an extended period of time if they have spawned from its venture capital investment arm, the spokewoman said. CMGI first invested in Lycos Inc. in 1995 through @Ventures I. The Spanish daily ABC reported Wednesday that CMGI had sold 19.8 million shares, or 3.2%, of its Terra Lycos (TRLY) stake since Nov. 13. At one point, the newspaper said, CMGI held 4.29% of Terra Lycos, about 26.65 million shares, but sold some of the stake to reduce risk. CMGI presently holds a 1.09% stake in Terra Lycos, according to ABC. CMGI operates Internet start-ups and runs several venture funds that invest in other technology. -By Eric Bovim, Dow Jones Newswires, 34-91;395-8123; eric.bovim@dowjones.com

To: country bob who wrote (18659)	12/4/2000 3:00:13 PM
From: White Shoes	Read Replies (4) \| Respond to of 19700

VALUING CMGI Can someone please tell me this stock is a risk at these levels? The market has priced in the fact that CMGI owns a lot of "B2C crap" which it will never be able to exit from via IPO. But with the stock trading at $9 3/4, this is a value play. The company has $7.50 per share in cash, and although many of its holdings lose money, it has also shut many of them down and can redeploy its $2 billion in cash as needed to hot sectors or just sit on the cash. AltaVista has been a big disappointment but is turning profitable and will probably IPO in Europe in mid to late 2001 and in the US in 2002. Correct me if I'm wrong but CMGI also holds a stake in Lycos, which is profitable and diversified? Someone talk me out of this! WS