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

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To: cyberman who wrote (17160)3/13/2000 10:02:00 AM
From: Scarecrow  Read Replies (3) of 19700
 
Cyberman --

Re: impact of 2-1...

Seems to me, this stock has run up nicely in the past few months. In my opinion, some threaders here (not saying you) are wallowing too much in unsupported gloom (i.e. "We're undervalued/unappreciated"). How can the #1 performing Naz stock of the past 5 years be unappreciated, you know?

This stock has doubled in the last four months -- hardly cause for the "dead-money" talk.

As for the many who say this is a multi-bagger over the next 12 months -- I just don't see it. (I want it, but I don't see it). We're surely going to have a significant correction in the next 12 months (perhaps starting today, based on some of the numbers coming out).

Also factor in the laws of large numbers. We're at a $40B market cap. Doubling or tripling is a lot harder from here. Me? I'm hoping for a double in the next 12 months -- and would consider that -- in this environment -- to be outstanding...

Other opinions very welcome...

Scarecrow
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