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: Uncle Frank who wrote (4116)	1/18/1999 12:18:00 PM
From: Mark[ox5]	Read Replies (3) of 19700

Hi Frank, good to see you hear too. Yep I sold DBCC a bit early at $31, but then again I bought at 10,11, and 8 and the options which I sold at 27 for 1 3/16 hehe (also bought PUTS on DBCC when it hit $35 which I did good on when it crashed Friday!) DBCC was my best play of my life so far (due to the options)... Think of CMGI as a DBCC on steroids.... this one you don't have to sell when it's little IPOs come out.. because there are more in the pipeline, plus they retain interest in the companies they IPO. Of the portal companies, the most "undervalued" (notice I put the word undervalued in quotes for a reason) is LCOS. It is approaching YHOO on all levels of penetration.. its only downfall is it doesnt have the name of Yahoo... or market awareness. But right now it trades at 10% of YHOO, so even if a discounted YHOO named LCOS can trade at 30-40% of YHOO's value, then LCOS should have one heck of a year. I also think LCOS is a buyout candidate as is GCTY (which CMGI owns a large portion of). So this is a good place to almost have a mutual fund of internet stocks. For your next IPO play as well, keep an eye on NAVR... once they announce offical plans for their IPO should be another nice cooker. Right now CMGI common and LCOS options are my only plays.. about 80% in cash... holding out for some more correction in the next week or so, but if it doesnt happen time to jump back in the sector due to AMZN earnings and YHOO split coming sooooooooon.... Good luck.. boring day today with no market trading... :) P.S. What do you think of SUNW? For the safer blue chip techs (ala MSFT) I really like SUNW & EMC Mark

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