SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : AltaVista Company (ALTA) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (93)12/20/2000 8:17:56 AM
From: fut_trade  Read Replies (1) | Respond to of 110
 
"Raging Bull Loses Steam; CMGI Explores Sale of Site
By Peter Edmonston
WSJ.com

CMGI Inc. Chairman David Wetherell was once such a Raging Bull that he effectively bought the company.
AltaVista Co., majority owned by Internet incubator CMGI, paid $163 million in stock this February for Raging Bull (www.ragingbull.altavista.com ), a Web forum appealing to investment groupies, tech-stock enthusiasts and penny-stock fans."

public.wsj.com

By it's very nature, CMGI thrives on hype - and when the hype dries up - trouble appears.