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

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To: Mark B. who wrote (82)4/6/1997 2:00:00 AM
From: blast_investor   of 19700
 
Mark:

you made some good points here. CMGI is undervalued based on current valuation of internet stock like LCOS. If you believe it is in a bear market, then CMGI can go even lower to its cash level price $6 a share.

However, I believe it is in normal correction, and CMGI is very close to its cash price and it is a good buy.

In stock market, indidual investors usually are victim (like stupid current Lycos buyers), while CMGI is winner because CMGI sell company to investors through IPO. I believe the game for CMGI can continue.

If we can not beat pro, we join them. CMGI now is a good buy. The downside is there but limited.
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