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

To: Jenne who wrote (8361)	5/18/1999 9:19:00 AM
From: Jenne	Read Replies (1) \| Respond to of 19700

CMGI 244 premarket Lycos, Inc. (LCOS) develops and provides guides to online content, aggregated third party content, Web search and directory services and community and personalization features. The company has been in the news a great deal lately, regarding the failed acquisition attempt by USA Networks and the opposition by major Lycos shareholder CMGI, Inc. We are hearing a rumor that Lycos will split its stock before long. The company last conducted such a transaction (2-for-1) in August of 1998. The pre-split price was about $75. Shares are currently trading well above that level, at $104 3/4. That is within the $80 - $110 trading range which has restricted the price, since the USA deal was initially announced. At this point, there are sufficient shares for the board to declare another 2-for-1 split, should they wish to do so. Now that the company is at liberty to seek a new buyer, the boost such a split would give the stock price would doubtless generate a better offer. STOCKWINNERS