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

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To: Brian Malloy who wrote (14513)12/3/1999 2:08:00 PM
From: Raymond  Read Replies (1) of 19700
 
Possible upside factors:

1. Earnings release on Dec. 15
2. split announcement
3. inclusion in S&P500

Why I think CMGI will be included in S&P? Because it's the best candidate in Internet stocks. I can think of some other candidates with comparable market caps: AMZN, EBAY, ICGE. But ICGE is too new, AMZN has never made a cent, and EBAY is too small in terms of revenue. So, I bet CMGI is going to be a S&P500 stock very soon, unless S&P doesn't like any more internet stock. When that happens, we're gonna see real buyings from the $600B index funds, as what is happening to YHOO.

Enjoy the ride!

Raymond
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