ISDEX & Market Moves
million for its second quarter ended January 31. That doesn’t include the
impact of deconsolidating its position in Lycos (NASDAQ:LCOS).
line sunk to a net loss of $5.8 million, or ($0.58) basic earnings per
share vs. $0.28 EPS for the previous quarter ended October 31, 1997. CMG is
in a unique position in that it may raise earnings as easily as selling
stock in Lycos. For now. The private investments are still illiquid unless
private buyers emerge, although we think GeoCities (which CMG owns part of)
should make haste to the public markets while it’s the category leader in
communities. The window looks open, ISDEX is up more than 40% year to date.
liquidity. Warrants for 1.75 million common shares to raise about $35 million.
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venture capital live in Los Angeles at Spring Internet World’s Business Forum, Capital
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