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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 (9924)6/12/1999 7:50:00 AM
From: stockman_scott  Read Replies (2) of 19700
 
Mark: You are one of the smarter investors I have met on SI. I know you have done your homework and CMGI is a GREAT company to invest in -- especially if you have a LONG TIME HORIZON. I still hold some shares in my online IRA account and my relatives have thousands of shares that they don't plan to sell anytime soon. Here is some wise advice from one of the more famous investing Gurus...

"Be brave when others are afraid, and afraid when others are brave."
- Warren Buffett

I was loading up on NETP when the FEAR (false education appearing real) was at its peak. In fact I have bought Net Perceptions (a recent internut IPO) from $15 on up to $26. Yet, the company is young and not appropriately understood -- sort of like CMGI in the early days. In fact NETP is still a great buy IMO and is just about back to the price where it hit the public market. If you check out its performance in the last week you'll see that it has done much better than many of the internet high flyers. It's just starting to get the recognition it deserves. Personalized marketing on the internet will be BIG and NETP has some of the best technology available. NETP provides a key enabling solution for successful e-commerce. It also sure doesn't hurt when Paul Allen owns about 10% of the company <GG>.

Have a Good Weekend.

Best Regards,

Scott
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