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: Mark Peterson CPA who wrote (9655)	6/11/1999 11:09:00 AM
From: badon518	Read Replies (4) of 19700

mark, if i understood this stuff correctly, wasn't the difference between cmgi's reported loss and the analysts' expectations attributable to some one time events? if i am incorrect, read no further. but if i am correct, then cmgi's recurring operating loss, or whatever accountants call it, was in line with analysts' expectations . if they had done that with one time earnings to exaggerate their eps, there would be hell to pay on the boards-- cmgi can't win either way! so unless cmgi hits perfect earnings each time without one time events, they're screwed. otoh, the fundamentals of the company haven't changed-- it's still the same company it was yesterday before earning were announced. and with its revenue increases, the earnings will surely catch up with it. but maybe i've missed something.

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