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Strategies & Market Trends : The Art of Investing
PICK 54.42+1.0%Jan 9 4:00 PM EST

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To: Sun Tzu who wrote (410)2/16/1999 4:12:00 PM
From: Stuart C Hall  Read Replies (1) of 10741
 
Hi Sun,

On what basis are you shorting CMGI?

The Barron's article? LCOS merger?

CMGI has the one thing most Internuts don't and the one thing the market is starting to appreciate: earnings. What PE do you think the market is going to settle on for a stock with the potential of CMGI?

I never saw the Barron's article so I can't comment on it. I think the LCOS/USAI deal is a temporary hindrance. They'll have a vote on it in less than 90 days.

I'd be very interested to hear your basis for the short position as well as goals etc. I am long CMGI through 1999 but would like to know what indicators you are following.

Thanks,
Stuart
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