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

To: Rene Madsen who wrote (10077)	6/14/1999 4:30:00 PM
From: Nelson Chang	Read Replies (4) \| Respond to of 19700

I do not understand why you believe this. Earnings is not irrelevant. And selling stock is not the ONLY way of producing income for this company. >>>The problem is that earnings are irrelevant for CMGI. <<<

To: Rene Madsen who wrote (10077)	6/14/1999 9:59:00 PM
From: Andeveron	Read Replies (3) \| Respond to of 19700

>> The problem is that earnings are irrelevant for CMGI. >> To produce earning they need to sell stock - it's simply >> the only way of producing income for this company. With >> prices being as low as they are OF COURSE they are not >> selling. Problem is those idiots who go out and sell >> because of this. People who don't have a clue. The prices of CMGI's holdings can easily run lower in this market. When and if this happens, CMGI's value will be destroyed. Simple. There is no guarantee that CMGI's holdings will increase in value and the market is selling on this perception. So, the sellers are not "idiots" without clues. Perhaps net stocks saw their last hurrah in April.