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Technology Stocks : CMGI What is the latest news on this stock?
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To: stock_bull69 who wrote (7506)4/26/1999 1:41:00 PM
From: daffydog  Read Replies (1) of 19700
 
49er,

Your 300 shares are now worth $277x300 = $83,100.

If we assume a 130% growth per year in the stock price over the next three years, after one year you'll have $83,100 + $108,000 = $191,130.
After two years, you'll have $191,130 + $248,469 = $439,599. After three years, you'll have $439,599 + $571,479 = $1,011,078.

Unless there is a global economic meltdown, the internet and the CMGI investments will, IMHO, grow faster than 130% per year.

Check you again in 2002.

MGG
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