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

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To: bargainman who wrote (15174)12/23/1999 7:13:00 PM
From: ZenWarrior  Read Replies (3) of 19700
 
Bargainman: We WILL be bigger than MSFT... mark my words... within 4 years. This will be CMGI's best year by far IMHO. Why? As DW said to me: "Leverage". He is EXTREMELY excited about the coming year, as am I. We have cash ($1.6 BILLION worth following the new placement), $7.7 BILLION in marketable securities, and huge sites with which to leverage up all our venture investments. As each of these grows, others grow faster, creating a virtuous ciscle of riches beyond imagination. Am I too optimistic?? Not at ALL. Those new companies entering into CMGI's family will create instant returns, easily rising in value by some 1,000%+. They will also liquidate MUCH quicker. I've never been this excited about CMGI, and am REALLY looking forward to the new VC funds... some $4-5 BILLION worth! One word describes the beauty of that: UN-F$%#ING-BELIEVABLE!!! ;-)
- Zen
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