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Technology Stocks : CMGI What is the latest news on this stock?
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To: Mark T Warren who wrote (12501)8/11/1999 7:10:00 PM
From: Scarecrow  Read Replies (1) of 19700
 
I don't think it's an alternation between "old" and "new" -- it's the alternation between viable and non-viable. And, frankly, I think too many people lump sticks together just like you did: YHOO, AMZN, EBAY, and CMGI.

The difference, is that CMGI -- like you did with AOL -- belongs in the former category: viable, ongoing, long-term winner. The market's inability to understand that key point is what holds us back, IMO. They're lumping us in with the "I'll never make a buck on a book, but look at my VOLUME!" crowd.

Separately, I'm concerned that earnings won't be too good this quarter either. Now, we all know it's a game. I'm just saying the market hasn't been conducive to liquidating any shares and goosing the number. That will be ANOTHER reason for the uninformed to sell/avoid this stock.

Tough sledding in short to intermediate term...
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