SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sandman who wrote (12320)8/4/1999 3:35:00 AM
From: sunny   of 19700
 
Sandman,

they practically can make earnings whenever and how high they want to. they've pretty much unsold stock in their books so don't worry 'bout earnings in the short term.

however you're point is right. trying to answer it.

actually, there will be IPO's all the time. maybe they won't shoot up to the sky in the first case (like in the past) but climb more steadily. you're right, they (CMGI) seem to earn less on their investments - BUT: in times like these, even venture funding is more expensive as it had been before. now, with the internet stocks descending, the funding becomes more reasonable for CMGI.
so actually the difference isn't that huge for CMGI.

example:
a company's stock they bought in for let's say 1 $ per share, now only costs 'em some 50 cents per share. After the IPO the stock doesn't sell for 40 bucks like in the pasts but for a mere 15 bucks. so either way it's a huge capital gain again. maybe a bit less but still enough for huge growth.

IPO market may "dry out" but good companies will succeed - in the marketplace and on the stock market. now it comes back to core competencies like the one's of CMGI: a vision and a feeling for the real good ones out there...

not concerned about the internet "perl" CMGI.

regards
sunny

btw i like the AV & RB announcement pretty much.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News