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Technology Stocks : CMGI What is the latest news on this stock?
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To: John Powell who wrote (13956)11/7/1999 11:05:00 AM
From: Jenne  Read Replies (1) of 19700
 
UNDERRATED: CMGI (CMGI)
With investments in more than 40 fast-growing Internet companies, and an enlarged portfolio of more to come, CMGI is still undervalued. Take its track record of a 1,500 percent return on investments. If you add its current $280 million VC fund to a new one rumored at $1 billion, the expected long-term return is just shy of $2 trillion. Not a bad potential for a company whose market value is hovering at $8 billion.
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