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

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To: loafing who wrote (4773)2/15/1999 6:42:00 PM
From: Dophano  Read Replies (1) of 19700
 
Brian --

Sorry if a few of my fellow posters were less than polite. What I'd suggest is that you spend some time on CMGI's web site (in particular, look at range of companies in their portfolio, and the breadth/depth of mgmt expertise), and also reading some of the articles (both pro and con) referred to within earlier posts.

What I believe you'll find (again, just my personal opinion) is that CMGI is an excellent long-term "portfolio" play similar in some ways to buying into an internet fund. It is not a "one trick pony" stock, but rather has multiple investments, in multiple companies, overseen by VERY sharp professional managers/investors. Unless you need the money tomorrow, great company to buy on the dips and not track/trade on a daily basis (in other words, don't worry so much about the Lycos deal as 1. its only one part of their portfolio, and 2. these guys know much more about making money in this industry than any of the posters on this thread - no insult meant to anyone)

Best of luck in whatever choice you make.

Dophano
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