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Technology Stocks : CMGI What is the latest news on this stock?
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To: Scarecrow who wrote (9590)6/10/1999 6:34:00 PM
From: Stephen  Read Replies (1) of 19700
 
I actually think there is a fundamental change to CMGI's business - the value of their bank of assets is diminishing as so many other internut IPO"s come to market and satisfy demand. They may have decided not to sell as many of their assets just now waiting for better prices .... a la the Lycos fiasco with USA network cause the share price was impacted, but I guess it could be argued they should have made hay earlier when prices were at their peak.

Course ... who knows what the comany is really worth ... more or less than current price ?? Certainly not me !!

Good luck to everyone

Stephen
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