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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (53942)	2/9/1999 5:08:00 PM
From: TokyoMex	Read Replies (3) \| Respond to of 119973

CMGI, Inc. (CMGI) funds, develops, and takes a hands-on role in startup Internet firms through @Ventures, its investment arm. CMGI's investments include some of the Web's biggest sites, including Lycos and virtual community GeoCities. Wholly owned startups include Engage Technologies, which is compiling a vast database of behavioral information about Web users; and Planet Direct, a personalized portal marketed through Internet access providers and affinity groups. It also owns 34% of Hollywood Entertainment, which runs the US's #2 video store chain. You may remember that Stockwinners correctly anticipated a CMGI stock split, in a mid-December Rumor Mill entry. The company has been in the news lately. About a week and a half ago, Yahoo! announced that it will be acquiring GeoCities for over $5 billion. CMGI owns part of that company and will benefit from that transaction. Today it was announced that USA Networks will buy internet portal site Lycos. CMGI owns twenty percent of Lycos and will benefit again. Shares of CMGI have suffered in the recent internet sell-off, falling some twenty-eight percent since February 1st. There is indication, however, that the big money believes the price will soon recover. An investor bought over six-hundred March $85 call options yesterday, making a bet of nearly $2 million that CMGI will be heading north. We realize that it is tough to buy a stock when it is falling off the table, but that's what you have to do to get in near the bottom. Watch for indications of stabilization. Note that call open interest predominates over put interest, through most of the range of available options. Shares are currently changing hands at $95 7/16. Fifty-two week trading has been in the range $9 1/4 to $155. Should you decide to invest, use a stop-loss of $85.