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Which is the wiser investment, CMGI, ICGE, or RAND?

RAND holds investments in the following companies:
(NASDAQ: RAND)


ARIA Wireless Systems, Inc. Common Stock - 5/23/97
438,000 172,000 0.03 122,000 0.02 (OTC:AWSI)* 488,000
shares Buffalo, NY. Markets wireless $50,000 Demand
Note radio transmission at 15% communication
equipment. www.ariawireless.com

 
 BioVector, Inc. Common Stock - 4/17/97 445,030 370,000
 0.06 520,030 0.09 Buffalo, NY. 125,000 shares Medical
 technological sales Preferred Stock - force company.
 225,000
 
  
 BioWorks, Inc. Series A 11/6/95 56,000 56,000 0.01
 56,000 0.01 Geneva, NY. Develops and Convertible
x
 manufactures Preferred Stock - biological alternative
 to 32,000 shares chemical pesticides.
 www.bioworksbiocontrol.com
 
x
 
 Clearview Cable TV, Inc. Common Stock - 400 2/23/96
 55,541 55,541 0.01 55,541 0.01 New Providence, NJ.
 Cable shares television operator.
 
 
 DataView, LLC 4.7% Membership 10/1/98 200,000 200,000
 0.04 200,000 0.04 Mt. Kisco, NY. Designs, Interest
 develops and markets browser based software for
x
 investment professionals.
 www.dataviewllc.com/marketgauge/ 
 
 
 Fertility Acoustics, Inc. Common Stock 10/1/97 50,000
 125,000 0.02 125,000 0.02 Buffalo, NY. Developer of
x
 -600,000 shares proprietary Option to purchase methods
 to diagnose onset of 180,000 shares ovulation. 
 
 
 InfoMiners.com Bridge loan at 10% 12/21/98 420,000
 420,000 0.07 420,000 0.07 Amherst, NY. Data
 warehousing due June 1999 and decision 147,000
 warrants support software for for shares of stock
 healthcare industries. www.infominers.com 
 
 
 Lightbridge, Inc. Common Stock - 3/31/94 109,439 -0-
 0.00 73,307 0.01 (NASDAQ:LTBG)* 5,843 shares sold
 Burlington, MA. Provides August 1999 software based
 services for wireless telecommunications industry.
 www.lightbridge.com 
 
 
 MemberWare Technologies, Inc. Promissory Note at
 9/16/99 100,000 100,000 0.02 Pittsford, NY. Internet
 Prime Rate + 4.5% company engaged in web related due
 September 2004 consulting services. Common Stock -
 www.memberware.com 40,000 Shares 
 
 
 Pathlight Technology, Inc. Class A Series 10/7/97
 425,000 610,000 0.11 425,000 0.07 Ithaca, NY. Develops
 high Convertible technology Serial Preferred Storage
 Architecture for Stock - 200,000 computer industry.
 shares with 6% www.pathlight.com cumulative dividend. 
 
 
 Platform Technology Holdings, Two units with 9/24/97
 8,045 60,000 0.01 60,000 0.01 LLC option for two
 Charlottesville, VA. Provides additional units sales
 support and management for unique medical businesses. 
 
 
 Reflection Technology, Inc. Series J 10/4/95 500,000
 -0- 0.00 150,000 0.02 Waltham, MA. Develops and
 Convertible licenses proprietary Preferred Stock -
 virtual display technology. 243,903 shares
 www.reflectiontech.com 
 
 
 UStec, Inc. Promissory Note at 12/17/98 100,000
x
 100,000 0.02 100,000 0.02 Victor, NY. Manufacturers
 and 12% due December markets digital wiring 2003
 systems for residential new 50,000 warrants for home
 construction. common shares www.ustecnet.com
 
x

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