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Technology Stocks : CMGI What is the latest news on this stock?

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To: Don Jeanblanc who wrote ()1/25/2000 11:52:00 AM
From: ZenWarrior  Read Replies (2) of 19700
 
Geez... we now have 18 more huge IPO's to look forward to, and we're down. Someone wake me up... surely I'm dreaming, right?? We'll have 70% of all these huge IPO's, but we're down? China has 1.4 Billion people vs. the U.S.'s 280 Million, and we're down?? ENGA is at $10 Billion or so mkt cap after the purchases come in.. yet the prospect of ENGA China isn't enough to add say 30 points MINIMUM? NO? Surely the prospect for 17 others WOULD be?? Either investors/institutions are blind, or there is some bizarre manipulation going on here. Or does anyone have a logical reason for me?? It was bad enough being down as a $1 BILLION, wholly owned Net Technology VC fund was announced, but this is getting absolutely ridiculous. These last 2 days saw some of the best news I have EVER seen come from CMGI. I just do not get this market. Time is on our side, but this sure is bizarre.
Have a good one,
- Zen
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