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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 (8527)5/24/1999 1:14:00 PM
From: Robert Rose  Read Replies (2) of 19700
 
<You can still get a pretty good home for that price these days and I
don't see any upward pressure on the housing market as long as you're not living in Palo
Alto.>

Well, you hit a nail on the head. I do live there and I do see A LOT of real estate inflation. PA may be leading the brigade, but it's happening all over Silicon Valley too. A home was recently listed here for 2.2M and sold with four bids a couple days later for 3.2M - a million dollars over the asking price, for crying out loud!

Can't quite remember where the keystone state is (please take no offense), but I do know that places like Seattle (the Internet hotbeds, I guess) are also seeing plenty of real estate inflation.

Rob
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