CMGI What is the latest news on this stock? Message Board

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

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To: Jenne who wrote (9552)	6/10/1999 4:57:00 PM
From: James C. Mc Gowan	Read Replies (1) of 19700

Jenne: wait for it; CNBC never disappoints when it come to hyping an earnings shortfall; however, this is rather large, compared to estimated eps; wonder what Wetherall was thinking; "more IPO's coming to keep up interest in CMGI, so no need to tell anyone that eps would be 2x below estimated? This is not good for the entire I-net sector; just when it appeared it was bottoming; now we look for a new bottom. Maybe a chance for those who care to buy in cheap and hold longer term. Not so good for short term traders, however. Regards, James

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