Glad to know I could help......
Here is an article from the individual investor regarding CMGI as one of their top 25 picks....
CMGI Selected as 'On the Move' Stock in Individual Investor Magazine's Magic 25 Portfolio; Leading Personal Finance Publication Picks Best Stocks to Own in 1999
ANDOVER, Mass.--(BUSINESS WIRE)--Dec. 11, 1998--CMGI, Inc. (NASDAQ:CMGI), a recognized leader in the Internet arena, today announced that Individual Investor magazine has selected the company as part of its Magic 25(tm) stock portfolio. Individual Investor's Magic 25 represents quality stocks that are either substantially undervalued or have the momentum to continue posting above-average returns. The full report will be available in the January issue of Individual Investor and online at magic25.com.
According to Individual Investor editors, "CMG Information Services, a company we have followed long and hard, owns interests in a variety of Internet-related businesses. It provides a measure of diversification and comfort to investing in a sector that's nearly impossible to evaluate." As an "on the move" stock, the Magazine says, "CMG Information Services has only just begun to see the benefits of its numerous investments in Internet media companies; in 1999 watch for the spin-off of more of its subsidiaries."
"Being selected for the Magic 25 is a gratifying acknowledgment and further confirmation of CMGI's business model," said David Wetherell, Chairman and CEO, CMGI. "Our ability to find, foster, and promote Internet companies into major online brands benefits our shareholders and creates a diverse resource for investing in the Internet."
About CMGI
A recognized leader in the Internet arena, CMGI (NASDAQ: CMGI) combines venture investment with Internet operating companies to create a broad and diverse portfolio of businesses delivering innovative Internet solutions. Microsoft, Intel and Sumitomo hold minority positions in CMGI.
The CMGI Internet Group consists of its majority-owned subsidiary companies Planet Direct, NaviSite, NaviNet, Engage Technologies, ADSmart, and The Password, as well as a minority investment in Magnitude Network.
The company's CMG@Ventures investment affiliates have ownership interests in Lycos, Inc. (NASDAQ:LCOS), blaxxun, GeoCities (NASDAQ: GCTY), Vicinity, Parable, KOZ, Silknet, Chemdex, Speech Machines, Softway Systems, TicketsLive, Critical Path, Mother Nature, Raging Bull, Universal Learning Technology, Virtual Ink, and Visto. CMGI also includes CMG Direct, SalesLink, InSolutions and On-Demand Solutions as wholly owned subsidiaries in the direct marketing, fulfillment and turn-key arenas.
Corporate headquarters is located at 100 Brickstone Square, Andover, MA 01810. Telephone: 978-684-3600. Fax: 978-684-3814. Additional information is available on the company's Web site, cmgi.com.
CONTACT:
CMGI
Deidre Moore, (978) 684-3655
dmoore@cmgi.com
or
Copithorne & Bellows
Diane Parazin/Lisa Hahn, (617) 450-4300
diane.parazin@cbpr.com / lisa.hahn@cbpr.com |
