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

To: KM who wrote (6143)	3/17/1999 3:43:00 PM
From: Sgt. Stockpile	Read Replies (1) \| Respond to of 19700

Great Article, but I disagree with the last sentence saying, "But if Wetherell fails, Diller will have taken an important step toward returning pricing reason and common sense to Internet stocks." If Wetherell fails, all it says is that if a pure internet company marries a bulky, clunky, 3-D, shop-at-home, JoanRivers Colection hocking, Pacific-Blue Televizing, $5 service charge for concert ticket peddling mish mash of TechTrash, you might expereience a moderate dip in price. Hell, if AOL merged with Allied Waste, I'm sure its price would drop, too. XCIT marries ATHM = 100% increase GCTY marries YHOO = 100% increase GNET marries Vulcan Ventures = 50% and climbing. I think LCOS shareholders would be buffoons not to listen to Wetherell. He knows and cares far more for LCOS and, more importantly, the price of its stock, than Barry Diller.

To: KM who wrote (6143)	3/17/1999 4:40:00 PM
From: SJS	Read Replies (1) \| Respond to of 19700

Truff, Great article. Nice find. It's basically what I said last week about ST risk, although I thought they could find a win-win between them. I didn't imagine that it is that black and white, and still don't. But the article does give one pause, and should be reflected on by everyone NOT tolerant of risk. Especially those that query each 5-10 point down day... So, my take is that this will continue to grind, grind, grind slowly lower as the risk increases for CMGI. If they are winners this time, OK notch the gun, and up we go. That's the volatility you own, or are buying. Diller is very very shrewd. But...each time a new poker player emerges to continue to challenge the valuation for a CMGI piece about to be swallowed up, David cannot take this tactic. These valuations must somehow find the right level so deals can be done harmoniously. Regards, Steve

To: KM who wrote (6143)	3/17/1999 4:48:00 PM
From: Jill	Read Replies (1) \| Respond to of 19700

It IS a good article, but remember (as I learned by asking this thread only last week), Byron is essentially an Internut bear--he wants valuations to back down, and thus his info is selectively chosen--moreoever someone on the thread here posted an article written 2 years ago where he used YHOO to illustrate the same, that soon valuations would return to "normal" in Internet sector--this is the second one Christopher Byron has written using this situation to illustrate his point in the last week. Although he has fine insight into the two men and what really went down in the deal, he misses the big picture re: the sector Jill