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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 (6803)4/8/1999 8:50:00 AM
From: John B. Williams  Read Replies (1) of 19700
 
No tampering intended! Here's what I think: let's put aside the company itself which I think has demonstrated an ability to spot winners in this arena. Let's look at some market issues. The public float is very small while the interest in this stock continues to grow. Their EPS is growing each and every quarter. That to me is a recipe for nice gains going forward. Now let's go back to the company. They have a proven track record for funding startups; the name CMGI attached to a startup lends an air of legitimacy to any business. This then becomes self-fulfilling. As a company (CMGI) becomes more widely known, more and more business plans start piling up at their door. Now they have an even larger pool from which to skim the cream!

That's what I think - for now!
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