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


To: Doug (Htfd,CT) who wrote (398)4/16/1998 6:41:00 PM
From: D.J.Smyth  Respond to of 19700
 
interesting quote from the article Doug "GeoCities faces a formidable competitor in Tripod, purchased by Lycos in February for $58 million. GeoCities' population is larger, with 1.7 million members to Tripod's 1.1 million. But the sparring over who attracts more traffic has already begun. In RelevantKnowledge's March usage report, it ranked the combined Lycos/Tripod sites as the sixth most-visited on the Web, ahead of GeoCities. But the press release issued Wednesday, announcing Evans' appointment as CEO, touted GeoCities as the sixth most-trafficked Web site, apparently uncoupling Tripod's numbers from Lycos'. "

so the bottom line is the CMG owns, techncially, a piece of Tripod too given CMG's involvement with Lycos, i.e., they nearly own this market