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

To: Mark Peterson CPA who wrote (9924)	6/12/1999 7:50:00 AM
From: stockman_scott	Read Replies (2) \| Respond to of 19700

Mark: You are one of the smarter investors I have met on SI. I know you have done your homework and CMGI is a GREAT company to invest in -- especially if you have a LONG TIME HORIZON. I still hold some shares in my online IRA account and my relatives have thousands of shares that they don't plan to sell anytime soon. Here is some wise advice from one of the more famous investing Gurus... "Be brave when others are afraid, and afraid when others are brave." - Warren Buffett I was loading up on NETP when the FEAR (false education appearing real) was at its peak. In fact I have bought Net Perceptions (a recent internut IPO) from $15 on up to $26. Yet, the company is young and not appropriately understood -- sort of like CMGI in the early days. In fact NETP is still a great buy IMO and is just about back to the price where it hit the public market. If you check out its performance in the last week you'll see that it has done much better than many of the internet high flyers. It's just starting to get the recognition it deserves. Personalized marketing on the internet will be BIG and NETP has some of the best technology available. NETP provides a key enabling solution for successful e-commerce. It also sure doesn't hurt when Paul Allen owns about 10% of the company <GG>. Have a Good Weekend. Best Regards, Scott

To: Mark Peterson CPA who wrote (9924)	6/12/1999 8:00:00 AM
From: Dale Baker	Respond to of 19700

Once the shorts and the weak longs are gone, at least the rest of us will have fewer repetitive posts to wade through. I agree that this latest earnings release was meaningless. Short term horizons with CMGI are meaningless except for traders. People should buy an amount they can sleep with and just leave it to grow.

To: Mark Peterson CPA who wrote (9924)	6/12/1999 8:14:00 AM
From: John Carragher	Read Replies (1) \| Respond to of 19700

ysterday was just a great opportunity for us little guys to add some more to our portfolio. <g>

To: Mark Peterson CPA who wrote (9924)	6/13/1999 3:14:00 PM
From: Brian Malloy	Read Replies (3) \| Respond to of 19700

Hello Mark, As a CPA you may be familiar with Lester Thurow. You will probably appreciate this article and his soon to be released book. At points of disequilibrium, uncertainty and change lies volatility. Thus stocks like CMGI, AOL, EBAY, AMZN and others will be volatile. To the threadsters that need it: To the many that are fearful on this thread, have no anchor and quite frankly don't know what they own - perhaps this article may in some small part help them gain a perspective of what is happening with the internet and why a company like CMGI would have a Beta of 2. It's the type of article that should be printed out and read a couple of times. The other articles on the sideline should be read as well. An important aspect of investor training should include reading and learning about concepts that are stock nonspecific yet have direct bearing on understanding the changes and forces at work which can drive the economy and therefore the relative fortunes of individual companies. One does not need to understand the mathematics behind complex systems but one should have an understanding of the concepts and externalities. The new rules for individuals, companies, and nations by Lester C. Thurow (The online version of this article appears in four parts. Click here to go to parts two, three, and four.) THE old foundations of success are gone. For all of human history the source of success has been controlling natural resources -- land, gold, oil. Suddenly the answer is "knowledge." The king of the knowledge economy, Bill Gates, owns no land, no gold or oil, no industrial processes. How does one use knowledge to build wealth? How do societies have to be reorganized to generate a wealth-enhancing knowledge environment? How do they incubate the entrepreneurs necessary to bring about change and create wealth? What skills are needed? The knowledge-based economy is asking new questions, giving new answers, and developing new rules for success. theatlantic.com Regards and best of luck to all in their investment choices