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

To: badon518 who wrote (4821)	2/16/1999 9:37:00 AM
From: Scarecrow	Read Replies (1) \| Respond to of 19700

Badon (and BAM) How are you? I've been away for a few days (sans PC - a real vacation!), so I've been in "catch up" mode on my SI lurking! I don't know that I have any grand insights into the LCOS situation. However, it seems clear to me that, indeed, investors have "thumbs-downed" Barry Diller. It almost seems snooty -- "Hey, we're the freaking INTERNET! Why are we being shotgun-married to this trailer-park shopping channel??" And, while I don't share that sentiment, I can certainly understand it. I think CMGI's credibility does take a hit here -- not only for a... "curious" assent to the merger, but also for the weird about-face (and was that an "about-about-face" a couple of hours later?) last week as well. I mean, Dave, do you like the deal or don't you? I'm troubled that this could drag out for months (an albatross, as one of our friends correctly noted here -- "Investors, investors everywhere, and not a share will rise. Investors, investors everywhere, while LCOS dies"?? -- with apologies to Coleridge!). The best thing that could happen would be some type of white knight to start a bidding war... And I think the potential actually exists for that, given the low price and investor dissatisfaction... Wouldn't that be nice. The big question I'd like to ask the thread is, "How could this affect CMGI's IPO plans for its other hothouse flowers?" Scarecrow