SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Nelson Chang who wrote (10081)6/14/1999 4:39:00 PM
From: badon518  Read Replies (1) of 19700
 
to the extent cmgi is working startups, earnings are irrelevant to the fundamentals of the company right now. in a couple years, perhpas, when the business model is more mature, they will be much more relevant. otoh, earnings are very relevant to the market's perception. but even there, cmgi, but for one time events, would have met the analysts' expectations. if cmgi had exceeded expectations by using one time events, the market would have punished it. cmgi missed the analysts because of one time events and still gets punished. so i guess the question really is whether the selloff is attributable to a change in the fundamentals of the company or a general loss of confidence in the sector. if the latter, the confidence will return; if the former, bail out now.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext