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Technology Stocks : CMGI What is the latest news on this stock?
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To: Stephen M. DeMoss who wrote (13106)9/25/1999 4:06:00 PM
From: bargainman  Read Replies (1) of 19700
 
<<I was a bit dissapointed with Friday's performance in light of internets hot and cmgi coming out with earnings monday. If our excitement is true, why didn't we at least run to Thursday's high and close at a high. Just thinking out loud.>> I think CMGI still suffers from the "neither fish nor fowl" problem on the Street. Operating company, holding company or fund? Analysts stay away from it because they either don't understand it or it is too much work to understand it. I find it amazing that our coverage remains at only 9 brokers, the same it has been for nearly a year. When the outlines of CMGI's strategy become more apparent to a wider sector of the market and more consistently earnings positive, we'll be in the stratosphere.
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