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

To: Austin S. who wrote (6700)	4/3/1999 10:08:00 AM
From: Jenne	Respond to of 19700

Thursday April 1, 9:41 am Eastern Time Company Press Release MSGI Sells Majority Interest in Fulfillment Subsidiary NEW YORK--(BUSINESS WIRE)--April 1, 1999--Marketing Services Group, Inc. (Nasdaq: MSGI - news), an integrated marketing and Internet services industry leader, today announced that it has sold the majority interest in its Metro Fulfillment, Inc. (MFI) subsidiary to Crescent Media, Inc. Terms of the agreement were not disclosed. ''MSGI has retained a minority position in MFI for strategic business purposes, and has sold the majority interest to avoid any future net income erosion related to fulfillment operations.'' commented Jeremy Barbera, Chairman and Chief Executive Officer. ''Today as we begin our fourth fiscal quarter, our focus is on the continued business development and expansion of our two channels of operations; Marketing Services and the Internet Group.'' Last month, MSGI announced the signing of a binding agreement with CMGI, Inc. (Nasdaq: CMGI - news) to acquire its wholly-owned subsidiary, CMG Direct Corporation, including its business unit known as PermissionPlus, for a combination of stock and cash valued at $26 Million. Upon closing of the transaction, CMGI will become a 15 percent minority stockholder. About MSGI Marketing Services Group, Inc. is a leader in the marketing services and Internet marketing industries. MSGI's revenues have grown from $16 million in fiscal year 1996 to in excess of $100 million on an annualized basis. MSGI organizes its business into two divisions: Marketing Services and an Internet Group. GE Capital Services is the beneficial owner of a 24 percent minority stockholder position in MSGI. The MSGI Internet Group provides Internet marketing, e-commerce applications, Web development and hosting, online ad sales and consulting. Its Marketing Services Group provides strategic planning, direct marketing and database marketing, telemarketing and telefundraising, media planning and buying, and fulfillment. MSGI plans to continue making acquisitions and investments in both Internet and marketing services companies. Over 8,500 clients worldwide are provided services by MSGI with offices throughout the United States and in London. Corporate headquarters are located at 333 Seventh Ave. New York, NY 10001. Telephone: 212-594-7688. Additional information is available on the Company's website: msginet.com.

To: Austin S. who wrote (6700)	4/3/1999 11:04:00 AM
From: Guardian	Read Replies (3) \| Respond to of 19700

if the MSGI potential is so huge, why is dw (cmgi) interested in only a 15% stake?? the typical cmgi investment is much higher in other companies in its stable (I believe: correct me if i'm off anyone). If cmgi has options to increase its shares, that is significant as is its agreed upon price if any. when msgi moves to nasdaq, anything is possible including reverse splits, sharp drops (Look at LVLT's plummeting price several days after going nasdaq). my point here is that more specifics are better when playing a bb stock.

To: Austin S. who wrote (6700)	4/8/1999 11:45:00 PM
From: Austin S.	Read Replies (1) \| Respond to of 19700

Repeat: 14 solid reasons to buy CMGI's latest investment, MSGI, now: On or before May 15, CMGI will close its latest deal involving its selling its treasured CMG Direct division to MSGI and then also taking a 15% stake in MSGI. Here are solid reasons to buy MSGI now: 1. Explosive growth in direct & Internet marketing industry, $205 billion by 2001 ($153 billion in 1997)(See Zack's report on MSGI for more details); 2. Industry is very fragmented market with no powerhouse leader, YET; (MSGI is already actively pursuing consolidation. The infomediary who becomes dominant in this market may have a $20 billion market cap within 5 years)(Don't underestimate the value and power of the next dominant "infomediary"); 3. MSGI's revenue has grown from $16 million in 1996 to $100 million (annualized for 1999)- now that's explosive and we've just begun!; 4. MSGI moving to Nasdaq Nat'l Market within next 3 months or less - and no doubt before June 30, biz.yahoo.com; 5. MSGI will become a $250+ million company this year (there will be more acquisitions and growth, J. Barbera has said so - I believe Barbera will over deliver on this goal for a $350+ million); 6. MSGI will get major (well known) analyst coverage within next 2 months or sooner(stock will jump 3 - 9 points on this news, imho); 7. MSGI has two very credible strategic investors who have a clearly defined track record of investing in winners, they are: CMGI with 15% and GE Capital with 24%;(These investors will deliver more business and revenue to MSGI's doorstep, and GE is already doing this. Just look at MSGI's customer list in its most recent annual report.Also, CMGI will assist in management and business strategies going forward. Already, Ed Mullens, formerly with CMGI is the new MSGI President!); 8. MSGI will close the CMGI (CMG Direct) acquisition on or before May 15, 1999. biz.yahoo.com This will result in another Press Release further emphasizing CMGI's involvement and confidence in MSGI (It is very obvious with Ed Mullens' appointment to MSGI President that CMGI is keenly interested in the success of MSGI!!!; 9. MSGI is still virtually undiscovered bc/ it is not yet listed on Nasdaq Nat'l Market and has no analyst coverage except from a Denver regional firm with a "strong buy." Again, analyst coverage will be initiated very, very soon, imho. (Plus MSGI already has a very small float - in reality probably less than 4 million shares); 10. MSGI only lost .37 last year on $51 million revenue. .31 of that loss was attributable to an non-recurring interest payment to GE Capital and approximately .02 of the loss is attributable to MSGI's MFI division which was spun-off majority interest)http://biz.yahoo.com/bw/990401/ny_msgi_1.html. 11. In 10 more trading days, MSGI will be able to force GE Capital to convert its preferred shares(provided MSGI closes above $8 3/4 for the next 16 trading days, which is a given.) This means MSGI will not have to make any more interest payments to GECapital. (Remember that .31 cents from last year.) MSGI will be headed straight towards profitability, which is almost unheard of for a company like this that is this young and enlarging its Internet involvement and presence. (Compare DCLK). (Also, GE's conversion will not have any dilutive impact on MSGI's EPS because MSGI had been including the GE preferred shares in their EPS ever since GE became an investor in Dec. 1997). 12. A somewhat different yet very similar and comparable company is DCLK which is trading at $180+. MSGI for 1999 (on annualized basis) will generate more revenue than DCLK and 5x closer to making a profit than DCLK. MSGI's growth is incredible and will grow even more rapidly from here - in my opinion. CMGI only selects and invests in companies with EXPLOSIVE growth. This is what MSGI has show and will continue to do, imho. 13. Excellent management to boot, which explains why MSGI was invited to be a presenting company at the 1999 Alley to the Valley Conference a few weeks back in March of 1999 in San Francisco. alleyvalley.com 14. If MSGI is good enough for the likes of CMGI, who is taking a 15% stake in MSGI then you can be sure that MSGI is looking for a 10,000+ percent return, not just a $50 - $70 point gain. Think about it. If MSGI becomes a major player with a marketcap of $5 billion or the "dominant player" with a $20 billion market cap in 5 years, then we're looking at a range of $425 to $1525 stock in 5 years. Do you now understand the huge potential here - the potential that CMGI recognizes?