CMGI nachbörslich bös unter Druck (-20%)

               and reduce cash burn, both within the respective businesses and for CMGI at large, and are expected to span each of the firm`s
               business segments as the fiscal year progresses.

               Commenting on today`s announcement, David Wetherell, CMGI Chairman and CEO said, "Without question, the capital markets
               and the economy at-large are facing new and challenging conditions. Nonetheless, we expect that the scope and role of the
               Internet as a central medium for communication and commerce will continue to grow globally at an exponential pace."

               Wetherell continued, "Although we have seen the Internet`s earlier period of rapid growth pause for an inevitable phase of integration
               and consolidation, we firmly believe that the future opportunities for Infrastructure & Enabling Technologies, Interactive Marketing,
               Search & Portals, E-Business & Fulfillment, and Internet Professional Services remain robust. "

               CMGI Revises Financial Guidance Consistent with Industry Slowdown


               As with many Internet-centric companies, current market dynamics for several of CMGI`s businesses are proving extremely difficult
               and unpredictable. In light of current conditions and ongoing business reviews, CMGI has announced certain updates to its
               guidance previously issued on November 13, 2000.

               Revenue expectations for each of CMGI`s majority-owned companies are currently under review and the company indicated that its
               previously stated consolidated revenue target of \$1.65 billion for the current fiscal year is not likely to be attained. The uncertainty
               of CMGI`s revenue outlook also makes it difficult to accurately forecast consolidated gross margins. As a result, the company
               indicated that its previously stated consolidated gross profit margin target of 30% for the fourth quarter of the current fiscal year is
               not likely to be attained.

               In addition, profitability targets and timing are under similar review. Owing to the varied and volatile market conditions, the
               company indicated that it is no longer in a position to project Earnings Before Interest, Taxes, Depreciation and
               Amortization (EBITDA) loss for the fourth quarter of the current fiscal year, nor a target timeframe when it will reach
               EBITDA profitability on a consolidated or segment level basis.

               CMGI further indicated that revised guidance will be issued on March 13, 2001 alongside its reporting of the company`s Q2 fiscal
               2001 earnings results. CMGI also indicated that it continues to evaluate the right investment levels for each of its operating
               companies. Given the uncertainty of profitability timing, the company has indicated that it is no longer able to project cash burn
               levels for the remainder of the current fiscal year. While near-term cash demands are likely to fluctuate, the company affirmed its
               belief that it will exit the fourth fiscal quarter (July, 2001) with a cash and cash equivalent balance of approximately \$600 to \$700
               million.

               The company`s balances of cash and readily tradable securities on a consolidated basis of \$1 billion as of January 17, 2001 are
               expected to adequately fund CMGI`s operations through to EBITDA break-even.

               Second Fiscal Quarter Results Previewed


               For the second fiscal quarter ending January 31, 2001 CMGI expects revenues to be \$335 to \$345 million; cost of
               revenues for the period are expected to be \$350 to \$360 million, inclusive of one time restructuring charges of \$45 to
               \$50 million. Research and development expenses for the period are expected to be \$55 to \$65 million including one time
               restructuring charges of \$15 to \$20 million. Selling and marketing expenses for the period are expected to be \$135 to \$145
               million including one time restructuring charges of \$18 to \$23 million. General and administrative charges in the period are
               expected to be \$95 to \$105 million including one time restructuring charges of \$15 to \$20 million. Lastly, amortization of
               intangible assets and stock-based compensation charges of \$630 to \$640 million are expected to be incurred during the period.

               "We have been relentlessly focused on expanding our base of enterprise revenue sources and as a result, have become less
               dependent on advertising-based revenue streams," said Wetherell. "We continue to be growth-oriented and are repositioning our
               business units to concentrate on a path to profitability. All of our actions have contemplated these objectives. We will continue to
               concentrate on these actions, including the possibility of further mergers, divestitures and restructuring of our business units."  

CMGI wird Erwartungen nicht erfüllen

Die Internetholding CMGI gab heute nach Börsenschluß weitere umfangreiche Restrukturierungsmaßnahmen bekannt.
Demnach sollen bei den Tochtergesellschaften Engage und AltaVista weitere Maßnahmen zur Kostenreduzierung und Diversifizierung durchgeführt werden. Auch der Service von ExchangePath soll auf Grund von Kosteneinsparungen eingestellt werden. Ziel ist es insgesamt, die Cash-Burn Rate erheblich zu senken.

Die Umsatz- und Ertragsziele für das Jahr 2001 sollen nicht erreicht werden, so CMGI weiter. Für das am 31. Juli zu Ende gehende Fiskaljahr wurden 1,65 Milliarden Dollar Umsatz erwartet. Für das zweite Fiskalquartal erwartet CMGI nun einen Umsatz von 345 Millionen Dollar.

Grüsse Auhof

meine Performance versauen ?

Fluffy