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Technology Stocks : CMGI What is the latest news on this stock?
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From: Arthur Tang2/8/2007 10:42:55 AM
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Thanks for the info, and mind you stock is up 5 cents, after the pull back from $1.50 intraday Dec.7, 2006.

The pull back now into February 2007, is indicative of technical correction. Fundamentally CMGI is sound with cash and earnings to boot.

So, all the kings men can not move this stock, unless CMGI has a business plan that can put them on the map like the year 2000 bubble on the net.

This kind of business plan is the shared partnership venture fund plus supply chain software development. But you can wait ten years and the stock will still be a $2 stock unless you reverse split, but for what?

The business plan has to be technology driven. A cheap technology that can put CMGI on the path of revenue growth. Partnership venture fund growth is small compared to the current revenue of close to $1 billion in supply chain business.

So, its supply chain software for growth. CMGI is limited to electronics manufacturing, not stores. It has to go from studying accounting to business procedure, to revenue growth in the supply chain business. Stores do the e-marketing and instantaneous profit and loss statement, will handle supply chain from manufacturing firms.

Until then, the growth is limited to landing new customers every once in a while to fit their supply chain model. Until then, don't waste your resources on an empty dream to get temporarily lucky to bail out.
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