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Technology Stocks : CMDX - Chemdex, another CMGI gem

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To: djane who wrote (119)9/21/1999 1:50:00 PM
From: cyberman  Read Replies (1) of 200
 
While taking profit is good, I think this one is going much higher - the clincher is in the article where they said that CMDX is looking to expand into other related verticals -
That strategy, while leading to extended losses, is very smart in my opinion as the company can build critical mass in the B2B areas that they belive are synergistic...This will give them greater revenue opportunities going forward -
If CMDX can grow into other B2B areas, they will be much more than just a niche player...stay tuned...
Seems to be a good strategy for VERT
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