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


To: Jenne who wrote (5253)3/7/1999 4:21:00 PM
From: B. A. Marlow  Read Replies (1) | Respond to of 19700
 
(O-T) Great question on CNET, Jenne.

Don't have a position in CNET although have sold puts in the past. Obviously something incremental is going on with it currently. Appears to be the realization that CNET's an emerging e-commerce powerhouse (not to mention split and prospective but undisclosed acquisitions). NBC owns a piece (options on more), so you kinda know where it's headed. Snap!'s nothing special but again, NBC needs it and it represents no downside to CNET.

CNET market cap now $2.85B. Kinda suggests a dramatic undervaluation of CMGI at $7.03B, doesn't it?

Comments?

BAM

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