I am specifically told that on the day of IPO ,, CMGI will gain 20% of the valuation..
Further,, Engage ,,IPO coming will add 300 mill to CMGI,,according to the BusinessWeek,, indusrty analysts really expects it close to 1.1 bill ,,
CMGI's portion of LCOS is not 35% any more ,,it's now down to 10% ,, CMGI has been selling to raise capital for more acquisitions..
My target stands firm ,, 95 by Aug 11,, 110 by Sept ,, 200 by spring 99..
I bought 4,000 more 74 - 75s,,
This is the bottom coming off 40 dma,, if you think of hoping to see below 70 ,, you are mistaken ,,
PS ,, a hedge fund shorted this at 86 ,, they will need to cover very soon ,, with this small float,, expecting a wild ride on upside.. |
