SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: puborectalis who wrote (3591)1/8/1999 10:07:00 PM
From: SJS  Read Replies (3) of 19700
 
CMGI: one of Steve Harmon's 10 top picks (his top pick):
_______________
Here's the link: fnews.yahoo.com

Here's the excerpt:
CMGI (NASDAQ:CMGI - news) . We believe this stock, more than any one other stock in this space, offers the best of what the Internet has to offer in its breadth and approach to the Internet. CMGI gets in early to future possible stars and then capitalizes on the arbitrage. Lycos (NASDAQ:LCOS - news) and GeoCities (NASDAQ:GCTY - news) are two examples.
Our CMGI outlook is one we've held since 1995 but it's much stronger in 1999 as its success has rolled out.

In our view, no other one Internet stock offers an entire array of Internet growth as efficiently. Money managers looking to dress up their boring blue chip portfolios with Internet stocks who don't have CMGI in their portfolios should retire, in our opinion.

Through its majority-owned startup investments, operating units and minority equity in its @venture venture side we believe CMGI shares may be severely undervalued, that this firm may be a Yahoo-like entity in its pioneering approach, value creation and critical mass of capital. We also like the fact that Microsoft and Intel own just under 5% of CMGI. Risks? if the IPO market dries up then its investments may not find liquidity as quickly as possible. Or if the stock market tanks then the same also applies. But overall short of having an ISDEX Mutual Fund (which we want to see), CMGI may represent a good proxy to the Internet in our opinion. Decide for yourself, see its Website, ask your broker
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News