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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: Michael Berkel who wrote (9729)6/11/1999 2:53:00 AM
From: Nelson Chang  Read Replies (2) | Respond to of 19700
 
Value? I don't even mention that when talking about net stocks. Undervalued or overvalued doesnt matter.

As for their IPO participation plan, all I know is that it is great manipulation in increasing their stock price. People buy CMGI to get into IPO's, their purchase of IPO increases CMGI's holdings, in turn increasing CMGI's stock.

Guess the greater fool applies to everything these days.

>>>CMGI shareholders will be able to participate in IPOs of CMGI's new companies. Isn't that a great boost to the current value of the stock? <<<