CMGI What is the latest news on this stock? Message Board

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

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To: stock_bull69 who wrote (9232)	6/4/1999 12:28:00 PM
From: JScurci	Read Replies (2) of 19700

Steve, I respectfully disagree on which direction this "apology" should go. Mark asked who I was and I replied. I'm still waiting to see him disclose that which he asked from me. Quick to post the purile but slow to respond with facts Mark. As for agendas, I wouldn't overly inflate the importance of these threads. I certainly would not make any investment based upon what I read on any thread and would emphatically suggest that others do the same. I am aghast when I learn that people do in fact engage in such reckless judgement which only proves my point that increasingly more and more participants in this markets are nothing more than rank amateurs engaged in seat of the pants momentum investing and reckless day trading. More time should be spent asking themselves: What am I buying? What is this entity earning? What will this entity earn next year and the year after that? What is the present discounted value of those earnings? How does that compare with the present price of the stock? I'm afraid today's investors are not asking themselves these hard questions. They are sadly buying into a story whose legitimacy is based on blind faith. Sadly many have already been hurt by this faulty "investment" process and I'm afraid many more will be hurt in the weeks and months ahead. I would like to be a voice of caution to those who may not be fully equipped to exercise prudent investment analysis to that which is the object of their investment desire. It's unfortunate that people like you are so closed minded that they cannot even stand the mere presence of a dissenting point of view. If you are so convinced you are right about the merits of being long CMGI it should not bother you that there is someone like me that disaggrees. After all, for every buyer there is a seller - that's what makes markets. Your dogmatic bullishness does not bother me in the least. In fact I should be delighted, after all how else would I have gotten my shorts off. Perhaps upon reflection I should be thanking you and Mark. yours thankfully, John

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