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


To: Joe Dancy who wrote (6613)3/30/1999 6:24:00 AM
From: Austin S.  Read Replies (1) | Respond to of 19700
 
Looks like CMGI's latest investment in MSGI is already beginning to bear fruit. CMGI is paying about $5.20 per share for a 15% stake in MSGI, and MSGI closed at $10 1/4 yesterday. I suppose MSGI's other strategic investor, GE Capital is also pleased. MSGI may well end up being CMGI's next 50 bagger. clubs.yahoo.com