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

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To: HECTOR RUBERT who wrote (9587)6/10/1999 5:31:00 PM
From: S.C. Barnard  Read Replies (2) of 19700
 
from RB:
Earnings mean nothing! If CMGI wanted to sell a
little LCOS they easily could have nailed the
number. The fact they haven't sold shares makes
me know that they have confidence that they can
get better value out of their shares at a later date.
Thats why I own internet companies, its because I
believe I can sell the shares I bought recently for a
lot more at a later date. If they hold out for better
prices for their shares that gives us better value in
CMGI. They can only be valued by their assetts
not quarterly earnings.
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