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

To: Phil Jacobson who wrote (4481)	1/30/1999 5:25:00 AM
From: Peter Greenhill	Read Replies (2) \| Respond to of 19700

<I'd much prefer them to sell all or most of the YHOO and use the cash to do what they do best - invest in great Internet entrepreneurs who have far more upside potential than YHOO at over $350/share.> I agree. To me it wasn't obvious that they would want to keep the YHOO shares. Holding 3% of YHOO does link CMGI's fortunes with those of YHOO. It is a matter of opinion whether this is positive or negative but I do have some doubts.

To: Phil Jacobson who wrote (4481)	1/30/1999 2:44:00 PM
From: Sowbug	Respond to of 19700

[Snip] I'd much prefer them to sell all or most of the YHOO and use the cash to do what they do best - invest in great Internet entrepreneurs who have far more upside potential than YHOO at over $350/share. Good point -- who's willing to predict that YHOO will be trading at $3,500/share in a couple of years? Probably very few, at least fewer than those who would predict that any of CMGI's privately held companies will multiply 10 times in value at their IPOs. However, in case anyone still doubted CMGI was a player yet in the Internet game, it's hard to argue that CMGI will have incredible clout as one of the biggest shareholders in YHOO. That is, if they keep the shares. Imagine how much more credibility CMGI will have as they invest in newer companies and take their current holdings public.

To: Phil Jacobson who wrote (4481)	2/1/1999 3:09:00 AM
From: Gary105	Read Replies (1) \| Respond to of 19700

Phil, CMGI should hold onto all its YHOO imo. The internet will be like most other industries, the gorillas will dominate and many of the smaller companies (which appear to be great idea stocks now to some) will either be gobled up or go under. GCTY adds significant value to YHOO at a fraction of its market cap and will fuel further growth in YHOO imo. I'd much rather see CMGI become a diversified portfolio of large internet leaders and emerging companies - to me it offers a more optimal approach to risk and reward. It also avoids tax consequences for CMGI. Gary