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

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To: Don Jeanblanc who wrote ()12/9/1999 11:38:00 AM
From: ZenWarrior  Read Replies (3) of 19700
 
It's a miracle! I can finally post. I screwed up by paying for another login, "zenwarrior" vs. "Zen_Warrior", so I've been frustrated as all hell trying to post using "Zen_Warrior" only to find that I didn't pay for that one! Oh well... anyways, my estimate is $1/share, which is a very rough estimate really. If you look at the annual report (pg. 73, last 2 paragraphs... they tend to save the best for last ;-) ) it tells it all: we sold $290 Million worth of YHOO, and we earned some $70 million on the NAVI IPO. After the report, we also made a little w/ Promedix sale to CMDX, and a couple other plays. Why the analysts lowered their #'s today is beyond me. Could I be missing a major expense?? I don't think so, but I'm open. I imagine they are adding NAVI and ENGA losses, but they are definitely missing all these sales.
TTYL,
- Zen :-)
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