We might see some fear ,, but I also see chart still positive,,
Today's sell off was not addressed to net stocks .. closing higher than open is only semblance at this point ,,
I hope it has healthy new shorts on this today at 47 - 49 ..
As I understand several positive news are coming out on this ,, all I can say is that I bought back cheaper than my sells ,,
Tomorrow might be a reality check day ,, but remember ,, as I am sure you are aware,, the day before the labour day a tech rally usually occures,,
Earnings may be flat for most of the sector for 3rd qt ,, but what earnings worries with internet stocks ? They have none ,,, it is speculation based on future earnings ,..
CMGI has earnings and equity profit ,,,
Also now CMGI is in same category with AOL and YHOO ... that also is a semblance.. YHOO joining NASD 100 legitimises internet stocks ..
From the Internet Stock Report:
"Still, we think CMGI represents one of the best ways to invest in the industry in one stock. It's like having a public venture capital fund focused on Net firms. If you want to arbitrage the value between private and public companies in this industry, CMGI provides one of the few choices. "
internetnews.com
1000 Internet Daily Stock Report with Steve Harmon
If you take the LCOS stake of about $135 million PLUS the $92 million estimated cash on hand, it equals $245 million or so, then SUBTRACT this from CMGI market capitalization of $153.56 million, it im... InternetNews
964 Steve Harmon -- ISDEX Market Close Briefing
For CMGI holders of record as of July 15 each will receive a one share dividend of Lycos (NASDAQ:LCOS) common share for every 16 CMGI shares. For fractional shares, CMGI shareholders will get cash inst... InternetNews
953 Internet Daily Stock Report with Steve Harmon
YHOO $ ... InternetNews
939 Internet Stock Report
CheckPoint Software (NASDAQ:CHKPF), Network Solutions (NASDAQ:NSOL), Infoseek (NASDAQ:SEEK), Individual (NASDAQ:INDV), and Connect (NASDAQ:CNKT). InternetNews
923 Mission Plausible?CMG@Ventures DeclassifiedBy Steve HarmonSenior Inve stment Analyst, Internet.com[May 23, 1996] Your mission, should you choose to accept it, is to hunt down promising Internet start ups...scour university computer labs for anyone up past 2 a.m. working on web algorithms...keep an eye out on poss ible network or online trends that could be hot...get there before the other guy does...but most of all, keep turning $2.85 million into $136 million. Sound like a secret agent you'd like to have working for you? That's exactly what the not-so-secret b ut ever-so-public CMG Info's (CMGI)
Whew.CMG Info By The Numbers CMG Information Services, which does direct marketing via subscription lists as well as invests through its CMG@Venture unit, reported a net loss of -$2.6 mill... InternetNews
923 Internet Daily Stock Report with Steve Harmon
Room for all--maybe. >Rich G. Uses Internet Daily Stock Report Instead of Brushing: "Steve, refreshing is a word I use around the office often (on my computer), however never w... InternetNews
923 Internet Stock Report with Steve Harmon
As we've said in past reports over the last four years when analyzing CMGI, the off-balance sheet investment portfolio value could exceed the trading value of CMGI shares even today at the $945-plus m... InternetNews
923 Internet Stock Report with Steve Harmon
As we've said in past reports over the last four years when analyzing CMGI, the off-balance sheet investment portfolio value could exceed the trading value of CMGI shares even today at the $945-plus m... InternetNews
923 Internet Daily Stock Report with Steve Harmon
Glad you liked the piece; valuation always intrigues me. >Object Oriented "Steve-I'd like to get your take on why you think the market has been kicking the hell ou... InternetNews
902 International News
This collaboration marks a significant first step in expanding CMG's affiliate businesses into the Asian interactive marketplace," David Wetherell, CEO of CMGI, was quoted as saying in India's Web Vi... InternetNews
902 International News
Singapore Business Times; February 9, 1998) Internet Forum Seeks To Boost Ties Between Asia, European Union "The Eurasia ... InternetNews
902 Internet Stock Report with Steve Harmon
The original offer made November 10 was for CDN $1.206 per share via a PSINet 8% convertible preferred stock which would be convertible in three tranches over a one year time period. iSTAR shareholde... InternetNews
902 Internet Stock Report with Steve Harmon
Undisclosed terms.The news sends CMGI shares up almost 20% today with CMGI closing at $28.50 per share. Intel's motivation?Build the future demand for its chips - how so?With Internet multimedia, media... InternetNews
902 Internet Stock Report with Steve Harmon
Said another way, if SEEK inherits ESPN SportsZone.com lock stock and barrel as promised, SEEK shareholders are getting it for FREE! In our view, SEEK plus SportsZone (at peer comparables) could be no... InternetNews
902 Internet Stock Report with Steve Harmon
February 9: CMG Info (NASDAQ:CMGI) gets a $10 million investment from Japan's Sumitomo to pursue Internet opportunities in Japan. InternetNews
902 Internet Daily Stock Report with Steve Harmon
Advancers/Decliners Having taken a bath and trading near its all-time low, tele-commuting hardware maker Gandalf Technologies (GANDF) led the percentage gains with 45% to $3.94 per share f... InternetNews
902 Internet Daily Stock Report with Steve Harmon
Obviously x2 isn't a threat to cable modems, but it is a threat to ISDN. >>Reply: x2 from US Robotics (and others) makes the web experience certainly a more user-friendly environ. Telcos are forever... InternetNews
902 Internet Daily Stock Report with Steve Harmon
The short take on these three: Wall Street may be missing CMG's off-balance sheet equity in a slew of web start ups that valued together probably exceed CMGI's market capitalization; Mindspring battle... InternetNews
902 Internet Stock Report with Steve Harmon
It defined e-tailing.Now if it can transition from a one-product outfit as it tries to promote music sales also now.Both books and music, however, are not fat margin businesses.Volume matters here, sh... InternetNews
902 Internet Stock Report with Steve Harmon
Undisclosed terms.The news sends CMGI shares up almost 20% today with CMGI closing at $28.50 per share. Intel's motivation?Build the future demand for its chips - how so?With Internet multimedia, media... InternetNews
902 ISDEX Market Close Briefing with Steve Harmon
For hotlinks to all ISDEX Composite companies and stock quotes, iWORLD.com & Quote.com bring you fast.quote.com. InternetNews
902 ISDEX Market Close Briefing with Steve Harmon
For hotlinks to all ISDEX Composite companies and stock quotes, Internet.com.com & Quote.com bring you fast.quote.com. InternetNews
902 Steve Harmon -- I S D E X ~ Market Close
Investments don't perhaps mesh with direct marketing or databasing, CMG's other units. * Digex (NASDAQ:DIGX) received a $150 million bid from Intermedia Communications (NASDAQ:ICIX), sending DIGX ... InternetNews
902 ISDEX Market Close Briefing with Steve Harmon
The gain, however, also may discount some expected strong revenue growth and merger mania that some think could arise very soon in this sector. * CMG Info (CMGI), which owns about 60% of Lycos (LC... InternetNews
875 CMG Info Hits All-Time High -- 04/13/98
Three years ago, when we first went through this exercise with CMG, nobody believed us, or better yet, nobody cared about CMG. Now Intel and Microsoft both own about 5% of CMG and it has a portfolio o... InternetNews
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