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

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To: Scarecrow who wrote (18239)8/23/2000 2:29:20 PM
From: cyberman  Read Replies (1) of 19700
 
Scarecrow, with all due respect, I think you are being a little short-sighted on CMGI's news today. You're argument about software can be applied to any company that pursues a stadium deal. Do people want to go to Staples more because they house the Lakers? Psychologically who knows...
Will Staples build trust and stability amongst customers by doing this along, with doing good busines. Maybe...
Will the move help Staples become a household name?
I think it will certainly help.

Like you said CMGI isn't known by the average joe.
Thats why you brand. Maybe CMGI wants people (who work in businesses) to know who they are and what services they sell.

I disagree about equity branding. Every tech/internet fund manager has heard of CMGI. They are just shunning the stock because they are confused about the model, don't like incubators, etc.

But I do agree that it sends a strong signal that things must be looking up
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