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: Sowbug who wrote (389)	4/16/1998 3:33:00 AM
From: ajunkh	Read Replies (2) of 19700

Big blocks (presumably institutional buying) were going through above 90 this morning. Some individuals are bailing out, sure, but fair value for this stock could be upwards of $1.4billion based on all their companies, according to a story on TheStreet.Com two days ago. Current market cap is $914 million, or 55% LESS than this value. With 3 IPO's this year the stock could easily get up there to the 130s I think, and I think the institutions know it. I don't buy Individual Investor's 5 company approach to valuing the stock. CMG owns part of TWENTY-THREE companies, so why value it on the basis of five? Even if some of the others fail, CMG's history with bringing companies along would suggest that at least a couple of them will add big-time value to the stock. Ajunkh (long)

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