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

To: john rieck who wrote (613)	6/24/1998 3:57:00 AM
From: ajunkh	Respond to of 19700

Keep an eye on what CMG does with the money raised from the Geocities IPO (and the others later this year) and further Lycos sales. They have always put new capital to good use, and the pipeline will certainly not stop with this year's IPOs. We all talk about Lycos and GeoCities, Engage and Reel.Com right now, but next year we will be talking about Chemdex and Speech Machines (recent new investments using $ from Lycos sales), and perhaps even companies that CMG hasn't invested in yet. This stock represents an underlying asset value to be sure, but it is also is an investment leverage vehicle that enables us to make savvy investments in venture-stage companies. This is only the beginning. Ajunkh