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

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To: hdl who wrote (19453)7/4/2003 2:15:01 PM
From: Eddie Kim  Read Replies (2) of 19700
 
CMGI is no longer an internet company. they have sold all their old sites: Altavista, UBid, etc... They are now in the black with tons of cash. Perhaps they should buy back stock... or better yet invest in venture capital and spin off new companies when the economy heads back up. I see this stock at $4-5 in 12 months.
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