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

To: bobby beara who wrote (9929)	6/12/1999 10:26:00 AM
From: stockman_scott	Read Replies (1) \| Respond to of 19700

<<The probabilities of picking winners out of this kind of fad investing are very slim, lottery odds.>> Mr. beara: I am not "a fad investor." Niether is my 85 year old grandfather who has thousands of shares of CMGI and DELL (and other world class technology companies). By scanning some of your recent posts I see that you are about as BEARISH as they come. I have been a very fortunate investor BUT I don't like to bet against great companies -- like CMGI and DELL. Good Luck with your short positions. Once the summer rally kicks in I think you'll need it <GG> !! CMGI will rise again....check back with us in a few months. Best Regards, Scott

To: bobby beara who wrote (9929)	6/12/1999 3:27:00 PM
From: Rene Madsen	Read Replies (1) \| Respond to of 19700

you should also point out that Buffett wouldn't touch this stock with a 30 foot pole. Bobby, you should also point out the reason Buffett "wouldn't touch this stock with a 30 foot pole" ... as he put it "I don't understand this new internet technology so will not invest in any of it"...

To: bobby beara who wrote (9929)	6/12/1999 6:34:00 PM
From: AmericanVoter	Read Replies (3) \| Respond to of 19700

couple of points, Mr. Buffet has done very well in the past, however, when you invest in any fund, there is always a nice disclaimer that I would like to remind you of "Past performance is no guarantee for future performance...." you have Mr. Buffet who prefers not to invest in internet, and you have people like M. Dell, B. Gates, S. Case, B. Diller, D. Wetherel and many more investing in it and successfully I might add... the basic question in my opinion is, will the internet be deemed a passing fad and disappear from the face of the earth, or will it grow ever more... and you can't really compare it to oil drillers and biotech craze... both had serious limitations...the first, limited by the availability of oil underneath, and the second by how far the biotech was at the time and how fast it grew... the internet is differnt... it has no limiting factors, on the contrary, it relies on the fastest growing technology... the other question is, what are the prospects for CMGI short term and long term.... in a worst case scenario, all the internet sector crashes and drops 75% off of current levels... and something like CMGI becomes about $25.. and the question becomes, how long would this last... and would it ever bounce back... and this question is very much related to what will become of the internet... from all of the above, I do believe that CMGI should do very well long term... best of luck to all amein