Here is the Full Article FYI:
Friday March 12, 5:43 pm Eastern Time
Company Press Release
SOURCE: Nasdaq Stock Market, Inc.
CMGI Inc. to Join Nasdaq-100 Index Beginning on March 18, 1999
WASHINGTON, March 12 /PRNewswire/ -- CMGI Inc. (Nasdaq: CMGI - news), of
Andover, Massachusetts, will become a
component of the Nasdaq-100 Index®, effective at the close of trading
Wednesday, March 17, 1999. CMGI will replace Netscape
Communications Corporation (Nasdaq: NSCP - news), which is being
acquired by America Online Inc.
CMGI Inc., with a market capitalization of $7.5 billion, is a recognized
leader in the Internet arena. CMGI has built a sizable base of
Internet operating companies and, through its @Ventures affiliate, a
large number of related and synergistic Internet investments. The CMGI
Internet Group consists of
its majority-owned operating companies Activerse, ADSmart, Engage
Technologies, NaviSite, NaviNet, Planet Direct, Magnitude Network and
ZineZone.com.
@Ventures, the affiliated venture capital arm of CMGI, has ownership
interests in Lycos, Inc. (Nasdaq: LCOS - news), blaxxun, GeoCities
(Nasdaq: GCTY - news),
Vicinity, ThingWorld.com, KOZ.com, Silknet, Chemdex, Speech Machines,
Softway Systems, TicketsLive, Critical Path, MotherNature.com, Raging
Bull, Universal
Learning Technology, Visto, Virtual Ink, Ancestry.com, ONElist,
Furniture.com, Boston Financial Network, and Asimba. CMGI also includes
CMG Direct, SalesLink,
InSolutions, and On-Demand Solutions as majority-owned subsidiaries in
the direct marketing, fulfillment, and turnkey arenas.
The Nasdaq-100 Index, launched in January 1985, rose more than 80
percent in 1998, although past performance is not necessarily indicative
of future performance. The
Nasdaq-Amex Market Group(SM), which operates The Nasdaq Stock Market®
and the American Stock Exchange®, is a subsidiary of the National
Association of
Securities Dealers, Inc. (NASD®), the largest securities-industry,
self-regulatory organization in the United States. The union of Nasdaq®
and Amex® creates the
world's first financial market that brings together central auction
specialist and multiple Market Maker systems.
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