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

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To: Doug (Htfd,CT) who wrote (100)8/19/1997 2:20:00 PM
From: hudson   of 19700
 
Doug,

Great post. I couldn't agree more with your comments below:

"CMGI is a complex company which, in my opinion is undervalued because it is not easily understood by ordinary valuation terms. Apparently MSFT found it a worthwhile investment at $14.50."

My question is how long will it take the market to understand this company. For instance, Lycos has had a nice run up the last couple of weeks while CMGI is stuck in the mud. Why? Microsoft, Intel, or AT&T (I actually forget which) had a press release a couple of weeks ago that they would be investing another $1M in Internet advertising this year. I would have expected this kind of movement to directly effect CMGI. Any thoughts on the stagnation of the stock price?

Regards,

Hudson
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