The single most important trend affecting ISPs over the coming years will be free Internet access, and no company is better positioned to benefit from that than CMGI,

Online auctions, both B2C (business-to-consumer) and B2B, are one of the fastest-growing areas of the Internet,

Moving forward, we'll continue to evaluate each subsidiary company in line with our larger business goals to reach market leadership and profitability and if necessary, effect further mergers, consolidations or divestitures to accelerate the achievement of these goals,

I'm confident that an emphasis on growth and profitability, supported by our new operating structure, will allow us to exit our next fiscal year having achieved a number of important goals.

This is a classic Internet company and they will be burning cash like there's no tomorrow. But the deal is programmed to explode on its first day with 3.5 million shares priced between $12 and $14.

Right now, it takes a large company employing hundreds of really smart people to support Internet services. Our goal with this center is to develop technology that eliminates the need for such a large organization, opening up innovation opportunities for small groups or even individual entrepreneurs. We can help do this by applying statistical machine learning - the same technology used successfully in the recent autonomous vehicle grand challenge - to the development of computer systems.