SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: DAY TRADER who wrote (9735)6/11/1999 6:14:00 AM
From: beachbum  Respond to of 19700
 
mornin all

briefing points out

>>Addendum at 17:20: CMGI reports loss of ($0.30) per share, but only sold $1.13 million of stock. Last quarter they sold $55 million in stock. Whether this means CMGI thinks market prices are depressed would be an interesting question for the conference call, which starts in ten minutes.<<

the news is the 2x + revenues and participation in ipos for holders.......not a meaningless quarterly profit figure that was an average taken from estimates that ranged from .02 and up to arrive at .13

jmo

ed