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

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To: stock_bull69 who wrote (6619)4/1/1999 7:05:00 AM
From: pater tenebrarum  Read Replies (1) of 19700
 
hi 49er steve,

no, i am not short cmgi. and i wasn't trying to scare anyone off. if you read my post carefully you will note that i admit not only to cmgi's management's vision, but also point out that their past successes (lycos,geocities) have produced awesome returns.
all i'm saying is that their current share price makes me uneasy, as it will only be justified if the most optimistic assumptions on the future returns of their investments are borne out.
and you can't fault me for being skeptical on that issue.
btw, the chart does look good and as you say, the imminence of the split may yet produce another run to new highs. it is the fundamentals that i'm a bit concerned about here.

greetings,

blasnik
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