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Technology Stocks : Compaq
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To: Chris who wrote (89129)1/23/2001 9:32:42 PM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
As I understand it, the CMGI loss was a write down to current value. They still own the shares which seem to have found a bottom in the 4-5 range. I read an article recently on CMGI which said that the only reason that CMGI wouldn't be around in 100 years would be if the internet wasn't around in 100 years. The article prompted me to by 1000 shares @ 3 3/4 about 2-3 weeks ago. If the stock recovers, CPQ and I will both benefit. CMGI closed today @ 6 3/4, I think. El
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