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Technology Stocks : CMGI What is the latest news on this stock?
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To: Mark Peterson CPA who wrote (5757)3/11/1999 8:46:00 PM
From: SJS  Read Replies (2) of 19700
 
Mark,

Humbley disagree strongly. FEW, Yes. However.......you've got LOTS of fledgling newbie mo-mo players still left that were waiting for mega-blowout earnings and a 3 for 1 split. Now we can hopefully say bye-bye!!

Nope, tomorrow they'll vacate, push the stock down and let those wanting in but not wanting to pay 200 bills/share finally get some. We move back up slowly, methodically, as news gets released in the vein of what CMGI is: an incubator of IPO's.

LCOS still like a sword hanging over our heads, and that's got to be disposed of without undue strain on the charter of why I bought CMGI. I just hope he gets the deal he wants with Diller or someone else and moves this along. His resolve was an asset, too much will be a liability if he has to buy LCOS.

Then......soon, we get our split.

Regards,

Steve
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