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Technology Stocks : CMGI What is the latest news on this stock?

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To: Mark Peterson CPA who wrote (13916)11/4/1999 10:57:00 AM
From: Scarecrow  Read Replies (2) of 19700
 
Mark --

Once again, thanks for your continued stewardship of the CMGI thread.

RE: But the way I look at it is that CMGI has appreciated over 25% in roughly the last 30 trading days. Could have bought all you wanted at $80.

OK, but the Naz has gone up 20 percent in the past 10 trading days and we've sorta sat here like the frumpy girl at the dance. Which is a bit harder for us to take, since we've typically been the belle of the ball.

I'm more patient than you can imagine, but I'm nonetheless surprised that we've not had much of a turbo boost. Both NAVI and ENGA have soared and we've done little.

It's not making sense to me that we're undervalued (low P/E) while the Nasdaq composite roars...

I'd appreciate your thoughts -- and those of others here as well.

Scarecrow
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