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Technology Stocks : CMGI What is the latest news on this stock?
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To: Premier who wrote (505)5/21/1998 8:15:00 PM
From: jtechkid  Read Replies (2) of 19700
 
cmgi is a good company but wall street loves them and at some point they will hate them. the problem with cmgi is its a holding company and the valu of their holdings are right in front of you. also, the people in these stocks are all momentum people and at one hint of something wrong your dead. you could have bought as much as cmgi between around 10 when it was trading under what they had in assets. nobody is a genious buying at 50 trading double what they have in inflated assets.
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