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To: GST who wrote (61999)6/11/1999 5:09:00 PM
From: Bill Harmond  Respond to of 164684
 
You tell me, GST.

I've never owned GMGI because I thought the company was trading at a premium to its components at public prices. CMGI continued higher this year in spite of the correction in the leadership. I'm not surprised it's coming in.



To: GST who wrote (61999)6/11/1999 6:13:00 PM
From: E. Davies  Read Replies (1) | Respond to of 164684
 
CMGI's news is more of a long term problem

CMGI had no news that was a long term problem. Revenues and earnings come from selling assets, so CMGI is capable of making any revenue and earnings number they desire.

Of course it was a pretty good excuse to dump an overvalued stock in a rough environment.
Eric