CMDX - Chemdex, another CMGI gem Message Board

STOCKTALK

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 : CMDX - Chemdex, another CMGI gem

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert Rose who wrote (48)	7/28/1999 11:55:00 AM
From: djane	Read Replies (1) of 200

Robert, thanks for the comments. Bought more CMDX today at $22.5. I've done well (in general) in my IPO investments. For example, I bought Digital Island (ISLD) at $9.5 last month and sold it in the last 2 days at $29.5 and $26.5 (rebought at $23.5 yesterday for a double in the next 3-6 months IMHO). Mistakenly (hopefully temporarily) thought more institutions would jump at CMDX. The low current revenue base and tenuous general market conditions probably scared them off. Well, when we see 1000+% revenue growth in the next few quarters and the huge market opportunity is understood, people will jump into CMDX in a big way. CMDX will be a very good investment. Very scalable model, huge market opportunity (truly misunderstood right now) and Kleiner Perkins/CMGI/Ariba involvement (among other things not yet understood by most investors). I'll post more when CMDX closes over $30 :-) djane

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next