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: Olu Emuleomo who wrote (2172)	9/28/1998 8:54:00 PM
From: surfinSteve	Read Replies (2) of 19700

Olu, Hope you don't mind me responding to your post instead of TM. I was also disappointed by the last 40 minutes or so of CMGI's trading. The early part of the day was exceptionally good for CMGI. I can only guess that CMGI was pulled down with the rest of the weak NASDAQ stocks near the end of the day, and only the strongest internet stocks were able to regain their lost ground: YHOO, AMZN, etc. I noticed that you posted on AMZN today and I almost asked you a question there. Since I'm writing to you anyway, I'll go ahead and ask... I'm considering picking up some AMZN, but it bugs me that they are basically in the business of selling books, and that is (at least to my knowledge) a not very profitable business. Why is AMZN such a hot stock? My lack of confidence in their business makes me hesitate to buy, fearing that sooner or later the rest of the market will see what I already think is obvious. I must be missing something. Any thoughts? surfinSteve

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