CMGI Down 5.3% Despite Better-Than-Expected Earnings - TheStreet

CMGI

(CMGI)

was down 5.3% in preopen

Island

trading after it reported fourth-quarter losses of $2.17 a share, better than the Street's prediction of a $2.45 loss but below the year-ago $1.53 loss. CMGI also said it would take

AltaVista

public by Oct. 31.