To: Meathead who wrote (129997 ) 5/31/1999 6:19:00 PM From: Jill Read Replies (1) | Respond to
Maybe someone else on the thread, say Mark or Chuzz, would be able to respond more cogently and precisely and with better t.a. than I would or ever could. My response is probably too vague for you: It would go something like this...In the hummingbird years of the internet, Wetherell got there ahead of anybody else, even before they saw it,, prescient, bold, swift and lucky, but anyway, he got in with relatively small investment, made canny choices, and even with current nut correction, the percentage gain is so huge he has been able and still continues to parlay it to make many other acquisitions. SFE is the other competitor in the arena--but CMGI receives 1-2,000 business plans a month--SFE may offer all shareholders IPO participation, which may ramp them up in terms of visibility, but they're still firmly in 2nd place. CMGI the known "gorilla". So how could a 3rd company build it up at this point--I think it's improbably difficult because of timing.
