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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (16832)	6/11/1999 11:02:00 AM
From: Benkea	Read Replies (1) \| Respond to of 99985

"No BB..i'm not selling this great stock and company... they are giving IPO shares to all stock holders..i love that...besides who the heck wants to pay taxes on that sell!!!" Not to mention: 1) Portfollio of public securities grew 67% SEQUENTIALLY from $957 mil to $1.6 bil (however, that was as of 4/30/99 and May SUCKED!). 2) They are opening two more venture funds - one with near $1 bil 3) They are starting an operating company to further sell their 40 companies' offerings. This operating company should then be IPO'd in 2000. 4) They are adding about 1 acquisition per month. 5) Their number of investees has over doubled q over q to over 40. 6) CMGI could have sold less than 1% of its' public holdings to make numbers if it so desired. Anyone using CMGI's operating earnings (since it really isn't an operating co.) is just this side of ignorant. PS. I like what I heard in the conf. call. Lastly, look at the author and date of this post! CMGI was $7.58 on that day, adjusted for 8 to 1 worth of splits: messages.yahoo.com It was written just after CMGI "missed" its' numbers :)

To: Jerry Olson who wrote (16832)	6/11/1999 11:02:00 AM
From: HairBall	Read Replies (3) \| Respond to of 99985

OJ: OT I am working on a brand new chart formation for identifying the after effects, after the stock has already made its move....I think I will call it....The Stock That Shagged Me Formation....<g> Regards, LG

To: Jerry Olson who wrote (16832)	6/11/1999 12:37:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

>>>>they are giving IPO shares to all stock holders..i love .besides who the heck wants to pay taxes on that sell!!!<< jer don't blame you on the tax account, but all stocks were meant to be sold at some time -g- margin debt and the internet indexes both peaked in mid april, so most of your mo mo boyzs have been taken out of the market - now that the nutz have a 50% haircut. The value players will scoop them up at much lower prices. The nutz should be able to mount a rally here from this oversold condition, but the law of supply and demand rules and tons of supply overhead still exists. these major nutz may have great prospects, but years of earnings have already been priced in. I have questioned whether the post thanksgiving break was significant enough to be the end of wave 1, the duration seemed very short, however now it is looking like that was the case and the march-april period where nutzpo's were making 3-500% openings - days in & day out and AOL was proclaimed the must have internet stock was the top of wave 5. all those people that opened ameritrade and schwab accounts and bought nutz on margin during the november thru april time periods are all now heading to GA meetings -g- This does have an impact on the market as a whole. Money that would have been sent to mutual funds in this time frame went into speculative investments at a major top and is now been taken out of the picture. Don't get Shagged, mini me -g-