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Technology Stocks : CMGI What is the latest news on this stock?
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To: HECTOR RUBERT who wrote (9782)6/11/1999 10:12:00 AM
From: Rene Madsen  Read Replies (2) of 19700
 
You're the one complaining. Several have already explained to you why the situation isn't as bad as you make it. So earnings weren't good - look at reasons. CMGI makes "earnings" by selling precious stocks. If the price is lousy I certainly don't sell my stock, and support CMGI for not selling either. Ergo no earnings. Instead a lot of stock that can be sold at a later time with better price. Fine with me.

The dive today is of course caused by lack of earnings - by people like you who don't see the greater picture.

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