Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: snp who wrote (6607)	3/29/1999 8:29:00 AM
From: Austin S.	Read Replies (2) \| Respond to of 19700

Have any of you looked into MSGI, which is CMGI most recent investment? CMGI is taking a 15% stake in MSGI, which is a direct and internet marketing company whose revenues have grown from $16 in 1996 to $100 million (annualized for 1999). GE Capital also owns 24% of MSGI, and MSGI looks dirt cheap as compared to DCLK - which is now trading at $182+. Also, MSGI's President & CEO stated a few weeks ago that his goal is for MSGI to become a $250+ million revenue company by end of 1999. Is this why CMGI bought into MSGI - because of its explosive growth? Anyone know anything else about MSGI? Also, I note that MSGI will soon be listed on the Nasdaq Nat'l Market board very soon. biz.yahoo.com