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


To: Uncle Frank who wrote (4098)1/17/1999 7:51:00 AM
From: Mary Remington  Read Replies (1) | Respond to of 19700
 
Would someone please explain to me the relationship between Cisco and CMGI? Thanks, Mary



To: Uncle Frank who wrote (4098)1/17/1999 12:46:00 PM
From: Kayaker  Respond to of 19700
 
During fiscal year 1998 a significant portion of the Company's revenues were derived from a limited number of customers, including Cisco Systems, Inc. (Cisco), which accounted for 42% of total revenues and 61% of fulfillment services segment fiscal year 1998 revenues.

They did a poor job of wording the above sentence. I'm not sure if Cisco accounted for 42% of total revenues, or a "limited number of customers" accounted for 42% of total revenues.

In any case it would be nice to know what the nature of the relationship is before I sink my house money into this puppy <g>. I searched through the annual report and cannot find any mention of Cisco anywhere.