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Technology Stocks : Internet Guru Discussion

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To: Brasco One who wrote (4330)3/13/2002 6:18:47 PM
From: H James Morris   of 4337
 
>>CMGI Inc., an Internet venture firm that owns Internet-search service AltaVista Co., had a fiscal second-quarter profit on a gain from retiring $220 million in loans from Compaq Computer Corp. Net income was $15.2 million, or 20 cents a share, in the period ended Jan. 31, the company said, primarily because of a $133-million gain from ending loans stemming from its 1999 purchase of AltaVista from Compaq. In the year-earlier quarter, CMGI had a loss of $2.54 billion, or $7.79 a share.
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