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To: Uncle Frank who wrote (4685)	2/9/1999 7:25:00 PM
From: HG	Read Replies (1) \| Respond to of 19700

Case for corporate governance........ Does anyone have the details of the deal ?

To: Uncle Frank who wrote (4685)	2/9/1999 8:36:00 PM
From: Dave Dickerson	Respond to of 19700

Uncle Frank- I feel that money talks,and Lycos officers will take the best deal for themselves. Remember that Lycos went from $50/share a short time ago,to $125, largely based on spectulation of some sort of pending buyout or merger, so the premium had already been put into the stock price( up 150% in 40 days) IMHO , and for the stockholders to expect a lot more than that is a lot greedy, especially since the Lycos business model had not produced dime one of net profit. I feel that the potential for net profits as a stand alone company, largely through selling banner ads was a highly limited prospect. For CMGI to derive the most profit from this "cow",David had to help seek an arrangement that imposed a new business model,which was done under this deal. How can we as stockholders of CMGI, be highly critical of David who took $2 mill got back $149 mill. and still has hold of (their share)$1.2 billion capitalized company,whose stock shows evidence that stockholders appreciate their new business plan. DAVE DICKERSON