Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Rene Madsen who wrote (9954)	6/12/1999 3:46:00 PM
From: bobby beara	Respond to of 19700

>>>>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"...<<< That may be true, but Buffett only places money in places that have long term track records and buys a business based on valuation and replacement value, probabilities of success in the internet area, where track records are short, valuations are impossible to derive and technology turnover is rapid is closer to lottery. I think too many small investors have confused this with investing, when these stocks should be only a small percent of a portfolio, but then you have grampa with a 1000 shares of CMGI -g- not knowing his net worth it is impossible to judge what level he is portioned into this speculation. Yes, the bears have always been wrong in this internet craze and I may be wrong here also, but you don't want to be under the knife when the bubble unwinds. bb