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

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To: Premier who wrote (1198)8/6/1998 5:38:00 PM
From: Diabolique  Read Replies (1) of 19700
 
Premier:

I have no agenda to change. I was merely airing my concerns about the pending IPO to the board in general and addressed the BTE issue to you in particular.

The BTE issue to me is just an academic exercise, I had no idea it was so dear to your heart. I don't know if Wetherell is charming or not and I couldn't care less. I like what he is doing with CMGI and I think this is the one to be in now. I never claimed you are wrong or questioned your reasons for holding CMGI. I only claimed there is no BTE in investing. If we disagree, then I'll just leave it at that.

My analogy is diners at a 5 star restaurant. Some go there for the chicken, others like the fish. But they all get a good meal and everybody wins. We all have different reasons and time horizons for investing in this stock. If it goes up, we all win.

Today's gains eased my concerns a bit, if CMGI continue to gain to the end of the week then all my fears about the IPO will be laid to rest (I'd be more than overjoyed to be proven wrong about the timing issue). I'll take today's gains.
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