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

To: HG who wrote (5106)	3/2/1999 3:21:00 PM
From: Mark Peterson CPA	Respond to of 19700

FYI USA's Diller says not considering new Lycos =2 The agreement which involves Lycos, USA's Home Shopping Network, Internet Shopping Network/First Auction units and Ticketmaster Online-CitySearch Inc. <TMCS.O>., was announced last month. USA has a majority interest in Tickmaster. Lycos shares fell sharply amid market confusion and disappointment over the terms of the deal. Further CMGI Inc <CMGI.O>, a major Lycos shareholder, said in February that while it was "generally supportive" of Lycos" merger with USA Networks, it "reserves the right to reassess it position." Under the agreement, USA Networks will control 61.5 percent of the new company, Lycos shareholders will hold 30 percent and Ticketmaster holders will own 8.5 percent. "I think that the market overreacted," he said "I think that Lycos (stock close) clearly had accelerated so much in the previous month, and I think it accelerated because people said 'You know what? This thing is going to get sold just like Excite got sold to AtHome with a big premium.'" AtHome Corp. <ATHM.O>, which delivers high-speed Internet programming over cable television networks, agreed in January to acquire Excite Inc <XCIT.O>, a leading Internet destination, in a stock swap then valued at $6.7 billion. Diller, referring to investors who were anticipating a high-premium Lycos takeover, said, "Their expectations were dashed." "They didn't look at the transaction. It's our fault in a sense that we should have more carefully explained" the Lycos transaction, he said. "I have yet to be in a room with anybody where we have actually explained the transaction that people don't say, 'God, this makes real good sense'." "There is a shareholder vote in three, four or five months. We have a lot of time to explain what we are doing, and we are confident that people will get it." In late morning Nasdaq trade Lycos shares were 89-5/8, up 1-1/16 from Monday's close. USA Networks shares were trading at 39, off 1/16 on the day. CMGI was trading at 139-7/8, up 6-1/4 from Monday's close. Ticketmaster shares were at 37-1/2, down 1/4 on the day. REUTERS Rtr 12:12 03-02-99

To: HG who wrote (5106)	3/2/1999 3:27:00 PM
From: Ave Joe	Read Replies (3) \| Respond to of 19700

Was there any specific news that trigger the stock to fall from 140 to 92 last month? I want to buy in but if it fell just due to stock volatility, then perhaps I could get in at a cheaper price the 145 if I wait????

To: HG who wrote (5106)	3/2/1999 9:16:00 PM
From: jds	Respond to of 19700

thanks, happy girl, for the advice. i can afford to hold on for the long haul....and all the most wise investors(and richest) seem to stay for the long haul if you really believe in it, and this cmgi seems perfect to me....because i want to take some risk on this net gold rush, and cmgi seems to be the pick after all i've read. maybe the rip van winkle thereom could apply to this....but this whole things an addiction, and how can we resist hitting that switch on the comp in the a.m.? thanks again jds