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Technology Stocks : CMGI What is the latest news on this stock?
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To: stock_bull69 who wrote (6559)3/25/1999 12:35:00 PM
From: astyanax  Read Replies (1) of 19700
 
Re: Relevance of WCAP and CMGI valuation. First of all, I thought the article was relevant enough to post to the SI/CMGI forum as it did mention CMGI throughout the article. Because fans of CMGI may want to read about any similar stocks, I thought it was relevant. And I'm hoping a few people will subscribe to TheStreet.com because it's such an awesome site.

Secondly, you say it's not too late to load up on CMGI because it's 30% below it's all-time high. Well, I'm looking more at fundamental analysis rather than technicals. Otherwise I would have bought INKT yesterday, it's technicals make it a screaming buy. Has anyone mentioned the big Red Herring Article (the periodical that tends to bullish on anything Net venture-capital related) already? The article where the analyst makes the case CMGI is extremely overvalued? Here's the link for anyone who hasn't read it:

redherring.com

I'm not sure if it is that clearly overvalued. But I already bought into CMGI (most of my basis is from July) and I'm betting I can find a better buy with other Net stocks at this moment.
- Netconductor.com

49erSteve wrote:
>>This is the CMGI thread so why would we be interested in WCAP? By the way it's not
too late to load up on CMGI as it's still trading 30% below it's all time high of 225. I
loaded up at 176 last week after holding my initial shares bought at 102.
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