CMGI is dirt cheap compared to PCLN!
CMGI PCLN
MarketCap: 13.117B 17.185B
If market could reward PCLN with a market cap of 17B, why it could not give the same to CMGI?
PCLN is just one kind of internet business with razor thin profit margin, and can fill just 20% of the orders, and whether it could survive is still a question mark.
CMGI has a portfolio of at least 30 internet future stars, first thing first, well diversified, if few don't pan out, it doesn't matter. CMGI has proven track record ( LCOS, GCTY, CPTH, .. ).
CNBC's Steve Frank said that Keith Benjamin of BB Robbie Stephens calculated the holdings of CMGI, for best case scenario, came out that CMGI was worth a hundred something. I know Keith doesn't like CMGI very much, please explain me, how could PCLN be possibly worth 17B if CMGI is only worth 5B?
I just don't get it. Somebody helps me?
LZ |
