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Technology Stocks : CMGI What is the latest news on this stock?
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To: Islander who wrote (3469)1/7/1999 7:19:00 PM
From: DAVID BANISTER  Read Replies (1) of 19700
 
stock should see $450 pre split fair value by year end.

I say this as that will put a 10 billion market cap on the company. That is still relatively cheap long term. I believe yahoo is over 30 billion now. This company is still around 4 billion market cap even at today's price, this is still cheap. Controlling 970 plus million in internet venture investments and growing, ipo's to come in next 12 months, and #2 in total web traffic. 4 billion is not much. Gotta hold, look for a short term pullback in the internets here shortly... but hold it. buy more anywhere down to 140 or so if it drops there. Im in at 79 3/4 per share and bought more at 122 last week.
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