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

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To: xclently who wrote (4777)2/13/1999 2:58:00 AM
From: HG   of 19700
 
>>>the task of determining fair value for these internet stocks remains a mix of math, magic and guess work<<<

Ever wonder how seed funding is provided to the startups, how venture capitalists like CMGI valuate the company to determine the first, second and thrid rounds of funding.....? They're pretty ruthless in their assessment of the company valuations. They're also very astute in determining their potential...

The concept stocks are just that - concept stocks. What value would you assign to a concept ? Potential is huge if it succeeds....and acquisitions are made on the premises of success...

I'm not a shareholder (sold out at 120 :-( - but the value assigned was unfair.....JMHO
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