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Technology Stocks : CMGI What is the latest news on this stock?
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To: stockman_scott who wrote (10558)6/21/1999 3:34:00 PM
From: PAL   of 19700
 
I still hold big positions in CMGI and DELL. Yet, this is one of the rare days when DELL is really outperforming CMGI <G> ...

Hi Scott, same here. Just like my positions in MSFT and CSCO, I don't worry about DELL. I just think that CMGI has a better chance to double tahn those three stocks above. This is based on the market caps and the number of shares. Let just say that MSFT stock doubles in a year, then GE will probably trades twice its current price, and where will the Dow be? Is that realistic to expect the market cap of MSFT at 3/4 of a trillion dollars? Right now it is bigger than GE already.

Compare CMGI to DELL. CMGI has a market cap of 1/10 of DELL, even when DELL is at a "depressed level" (still way down from 55). Additionally, CMGI is so volatile that it provides opportunity to play the options.

I will get back to DELL thread which today has a nice percentage move, better than CMGI.

With best regards

Paul.
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