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Technology Stocks : CMGI What is the latest news on this stock?
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To: DiB who wrote (9249)6/4/1999 2:11:00 PM
From: stock_bull69  Read Replies (2) of 19700
 
Found this post on the RB site:

Cmgi update and news coming update...

ITs a normal correction people, but lets keep our thinking caps on straight here

1. Cmgi will be starting Icast soon, this has huge huge potential, the top 2 executives are big names in the entertainment industry from both Viacom and MTV Networks, both with great track records.

2. Deal with Gateway will yield some new developments going forward with CMGI subsidiaries etc.

3. @ventures IV will start in Asia with up to 1 billion before year ends.

4. Engage going public soon, and then Chemdex, Navinet, later this year others including Adsmart etc. are likely

5. As CMGI gets more and more power, they will have more and more deals with offline as well as online companies...lending them further capital and credibility.

6. The company is a great long term holding for the next 10 years, which is my time horizon. I got in at 20 in December, but didnt stop there. I added at 30 1/2, 47 3/4, and 82. I will add more if it touches 85 again. I have a 225 year end target...and next year 350 end of 2000.

DB
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