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

To: D Reinecke who wrote (3635)	1/10/1999 2:21:00 AM
From: Gary105	Read Replies (4) \| Respond to of 19700

Very crude evaluation: Including their subsidiaries and investments they own the equivalent of 12 entire companies (they actually own stakes in about 2 dozen companies including their subsidiaries), exclusive of GCTY and LCOS. GCTY 30% x $1.5B = 0.5B LCOS: 25% x $4B = 1.5B HLYW .06B So value exclusive of 12 companies = $1.6B As a WAG, assume 3 companies are worth $1B a piece and the other 9 are worth $100M each. Then valuation: = $1.6 + 3 + 0.9 = $5.5 B This admittedly is very crude and I will refine as time goes by. I think the range is between $4B and $8B). Thus far I have NOT been able to find a more refined evaluation. If anyone can please refer me to it and I will build on it. Bottom line: company is approaching "fair" valuation, if anything still below it. Further significant upmoves will require more substance/information (ie detailed analysis of companies subsidiaries - be it on "paper" or through IPOs) Gary

To: D Reinecke who wrote (3635)	1/10/1999 5:07:00 PM
From: neverenough	Read Replies (1) \| Respond to of 19700

CMGI - CMGI Inc. $200.25 (+93.75)(-15.38)(+21.18)(+26.25) CMGI develops and operates Internet and direct marketing companies and is a recognized leader in the Internet arena, they combine operating companies with strategic venture investments to create a broad and diverse set of businesses delivering Internet solutions. The CMGI Internet Group consists of a number of majority-owned subsidiary companies including CMG@Ventures and CMG Direct for direct marketing and fulfillment in turn-key arenas. Many consider them an Internet fund rolled into one stock. They have stakes in over a 25 different Internet companies. They own 23% of LYCOS and 29% of Geocities. Talk about a split run, that wasn't a run, it looked more like the Indy 500. CMGI just get going higher and higher until we thought the market maker must be getting nose bleeds! We're sure that part of CMGI's success was in no small part to AMZN's blazing bonfire. All eyes were on AMZN as they split 3:1 last Monday. Needless to say, things were successful. This certainly makes for an exciting way to start the year. CMGI is due to split 2:1 on Monday the 11th (tomorrow). We don't recommend holding over a split. Normal stocks usually encounter some sort of post split depression. This disease has been known to strike early (like the day of a split). While there is certainly a possibility that CMGI could pull a AMZN like run next week, after such a big move last week, we doubt it. The whole Internet sector is looking too extended (even for the infamous Internets). We are looking for a pullback. If you are going to play, plug in those stop losses and fasten your seat belt. You can now add Magnitude Networks, the Internet Radio Solutions company, to CMGI's list of majority owned investments. As of Monday, CMGI decided to up their stakes in Magnitude to 88%. Magnitude is quickly becoming a leader in Internet Radio services. BUY CALL FEB-195 QGW-BS OI=000 AT $32.00 SL=25.00 ITM5.00 BUY CALL FEB-200 QGW-BT OI=000 AT $30.37 SL=23.68 BUY CALL MAR-200 QGW-CT OI=000 AT $30.12 SL=23.68 BUY CALL JUN-200 QGW-FT OI=000 AT $44.50 SL=34.75 Picked on Oct. 22nd at $52.25 PE =92.88 Change since picked +$148.00 52 Week High=215.50 Analysts Ratings 2-4-2-0-0 52 Week Low = 13.53 Last Earnings 12-15 est -0.62 actual 1.54 Next Earnings 03-12 est -0.45 versus .54 Chart = quote.yahoo.com optioninvestor.com *******************************************