CMGI What is the latest news on this stock? Message Board

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

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To: stockman_scott who wrote (17698)	4/14/2000 12:48:00 PM
From: Richard Tai	Read Replies (1) of 19700

never trust an analyst. they think it's all a big joke. from siliconinvestor.com Keith Benjamin, formerly of Robertson Stephens but now in venture capital at Highland Capital Partners: "You take ridiculously priced currency, that has a ludicrous multiple of revenues. . . Let's get real, I mean I used to actually have to argue for a living and justify these valuations. Now, I think I did a pretty good job of fooling at least some of you in the audience, but OK, today I can step back and say there's no way I could have ever really justified any of the valuations, particularly of the larger companies. . . What can I say? God Bless America and the capitalist system." from washingtonpost.com Going to upgrade, he tells an assistant as he walks out the door at 8:20 p.m. Not that he expects Amazon to go up that much. "I think it's dead money for a while, but I want to differentiate it from all the pieces of [expletive] we have buys on," he says cheerfully. as for the sell-off of '97 and '98, this seems far worse. i think last tuesday when the nas was down 600 and recovered was similar but the following 8 days are new territory.

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