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Technology Stocks : CMGI What is the latest news on this stock?

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To: Frank Ellis Morris who wrote (4651)2/8/1999 7:19:00 PM
From: Todd Pagel  Read Replies (1) of 19700
 
To buy CMGI is to buy two things...

1) An EXCEPTIONAL stock

2) Exceptional volatility

Stay in for years and you will be well rewarded. My best advice is to relax. Try this on for size:

After market close on March 11, 1999, CMGi could report (gross) 1Q earnings of $1.68 per share! That is based upon the sale of AMZN in November '98 with proceeds of $27.2 million and 748K shares of LCOS yielding $50.6 million. At 46.2 shares outstanding = $1.68

Feel better? (calculations came from a respected RB poster)
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