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

To: keta who wrote (4932)	2/24/1999 8:23:00 PM
From: badon518	Respond to of 19700

that follows my strategy this year. i'm only going to buy cmgi-incubated ipo's. the medium (internet) is changing so rapidly, that i have to follow the trends set by cmgi and its ipo's. i use a plain vanilla buy and hold approach, but those are companies that would reward my tortoise-like (vs hare like: Aesop right?)approach. most of the people here just swish by me....otoh my broker lets me buy anything i want on margin, so maybe i don't hold things too long (visitors like fish stink after three days):o)

To: keta who wrote (4932)	2/24/1999 8:34:00 PM
From: goin HOG wild	Read Replies (1) \| Respond to of 19700

Headlines after the close from CBS Marketwatch: 18:19 [CMGI] CMGI CEO SAYS NAVINET UNIT NETWORK TO REACH 80% OF U.S., UP FROM 20%. 18:18 [CMGI] CMGI CEO SAYS RAGING BULL HIT UP TO 2.3 MLN PAGE VIEWS LAST WEEK. 18:17 [CMGI,LCOS,USAI] CMGI CEO SAYS HE 'HOPES THERE'S A WAY' LYCOS USA DEAL WILL GET DONE. 18:15 [CMGI] CMGI INTERNET GROUP COMPANIES INCLUDE ENGAGE, NAVISITE, PLANET DIRECT ETC. 18:15 [CMGI] CMGI SAYS ALL COMPANIES IN ITS INTERNET GROUP LIKELY TO FILE FOR IPOS WITHIN 12 MO. 18:15 [CMGI] CMGI SAYS TWO MORE COMPANIES IN 'FINAL STAGES' BEFORE FILING FOR IPO. 18:15 [CMGI] CMGI SAYS SILKNET ABOUT TO FILE FOR IPO.

To: keta who wrote (4932)	2/24/1999 10:38:00 PM
From: Islander	Read Replies (1) \| Respond to of 19700

CMGI Rocks 'Em at Robbie By TSC (thestreet.com) Staff 2/24/99 10:10 PM ET Microsoft (MSFT:Nasdaq) canceled Wednesday afternoon and money managers went looking for "diamonds in the gravel," as one put it. Enter CMGI (CMGI:Nasdaq) CEO David Wetherell, whose pitch must have sounded like a call to a gold rush to the SRO crowd. CMGI's celebrated stable of emerging Internet companies was trotted out once again for the admiring crowd. One subsidiary, Planet Direct, sent its new CEO Jeffrey Cunningham to make a cameo appearance. At Wetherell's behest the casually dressed former Forbes group publisher stood, smiled and waved. But the real info the crowd craved -- comments on CMGI's position regarding the USA Networks (USAI:Nasdaq)-Lycos (LCOS:Nasdaq) deal announced earlier this month -- wasn't addressed directly by Wetherell until the after the company's canned presentation ended. Though he did allow that CMGI lost some value in the proposed deal -- "temporarily," he said, with a wave of the finger. Following the presentation, Wetherell told TSC that CMGI, which holds a 20% stake in Lycos, was generally supportive of the deal but "not at this price." He also said that USA has to "bring more to the table." Lycos shares fell 35% to 94 1/4 the day the deal was announced. Wednesday the stock closed at 90 1/2. Wetherell wouldn't name what price CMGI would be more supportive at or what he wanted USA to add to sweeten the deal. The CEO returned to the topic at CMGI's breakout session where the first question lobbed was, "What's up with USA-Lycos?" according to one institutional money manager present. Wetherell reportedly demurred with "I've already said enough," before returning again to the subject to say he supports "the strategy of the deal," and voted in favor of it on the board, the money manager said. Wetherell then said it remains to be seen if the shareholder base approves, according to the manager who is an investor in both CMGI and Lycos. The manager said Wetherell's comments in the breakout Wednesday left him with the impression that the deal will still happen, but the CMGI CEO is leading the charge for a better terms for Lycos shareholders. During the presentation, Wetherell focused on the company's brightest prospects. Most compelling of the two dozen companies CMGI supports or owns is a proposed television network, which will be headed by Neil Braun, former head of NBC-TV. Magnitude Network, an online radio company modeled after broadcast.com (BCST:Nasdaq), will be folded into this television broadcast company. Some of the companies expected to go for a public offering in the next 24 months, says Wetherell, include Silknet, Critical Path, Chemdex, Raging Bull, and Ancestry.com, to name a few. CMGI owns a 50% stake in Raging Bull and a 39% stake in Ancestry.com, 7% of Critical Path, 16% of Chemdex, and 34% of Silknet. The packed house let out an audible gasp when shown the company's return on a total of $39 million in what is essentially venture capital investments: $1.9 billion. "It's ... phenomenal," said one money manager in attendance. "I'm finally thinking that after watching this stock for 18 months from the sidelines that it's time to get in -- this company's got legs." CMGI closed down 6 5/16 at 111 3/16 after rising as high as 119 1/2. Look for more news from Lycos when it presents at Robbie Stephens Thursday afternoon. -- Alison Moore, Eric Moskowitz and Suzanne Galante in San Francisco and George Mannes in New York

To: keta who wrote (4932)	2/25/1999 11:38:00 AM
From: Dave Dickerson	Read Replies (1) \| Respond to of 19700

Can you provide the full text of what David said at show. Thanks. Dave Dickerson

To: keta who wrote (4932)	2/25/1999 12:49:00 PM
From: Eric Hochstein	Read Replies (2) \| Respond to of 19700

Does anyone know what %age of SilkNet CMGI owns? I am quite impressed by SilkNet's webbased customer service solutions and look forward to a successful IPO by this company in a space in which tradtitional vendors, CLFY VNTV, etc. have begun to slow down because the web is slowly replacing the call center as the place to be for customer service. This company could be huge. (The answer appears to be 34% according to a previous response to the same message I responded to.. so, how do I cancel this message?)