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Technology Stocks : CMGI What is the latest news on this stock?
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To: PAL who wrote (13119)9/25/1999 10:55:00 PM
From: PAL  Read Replies (1) of 19700
 
CMGI PRICE TARGET IS HUGE

First Albany raised its rating on CMGI INC to buy from accumulate and
raised its target price to $200 a share from $125. Its acquisition of
AltaVista is expected to close in the next few weeks and First Albany
expects an IPO in the first half of next year and IPO's on at least 12 to
15 companies from CMGI in the next 12 to 18 months. For 4Q earnings they
are looking at $4.00 a share.

____________________________________________________________

Earnings estimates are all over the map. Wonder what yardstick is used for Monday?

Paul
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