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Technology Stocks : CMGI What is the latest news on this stock?
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To: FR1 who wrote (10907)6/26/1999 2:44:00 PM
From: Michael Young  Read Replies (1) of 19700
 
<DCLK fans are not worried:
exchange2000.com
They just signed a contract with AV in January that runs till 2003.
They are buying on the dips>>

They are merely cheerleading the stock. They don't seem to comprehend that the stock is valued as if they will keep the AV contract for forever, and that it will only continue to grow. The stock will have to go a lot lower to reflect the probable loss of the AV business.

MIKE
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