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: badon518 who wrote (9825)	6/11/1999 11:42:00 AM
From: PAL	Read Replies (2) of 19700

the way cmgi operates is quite different from other companies. that's why cmgi does not differentiate between one-time charges and exclude that from operating expenses just to make the results more positive. since cmgi continually have startup, ipo and related charges for taking subs to the market, those one-time charges will occur every quarter. that is the main reason why earnings are not the main criteria to evaluate the company since it can easily shift those "one-time" charges to the next quarter to make current quarter looks good. a couple years ago aol did that by shifting revenues and then restate the previous quarter. cmgi does not do that. therefore, if somebody talks about fundamentals and just look at the earnings, he/she is not looking at the entire picture. best regards paul

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