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


To: Teresa Lo who wrote (10094)6/14/1999 6:32:00 PM
From: Nelson Chang  Read Replies (1) | Respond to of 19700
 
When you still have IPO's hitting the market giving companies w/ annual revenues of $6 million an automatic market cap of over $1 billion, you have to wonder if the bubble has even begun to burst.

My goodness, even a market cap of $100 million would be generous, and that would put the stock at $4.

>>>Phone.com (Nasdaq:PHCM - news), which makes software that enables Internet services over wireless phones, rose $24.125, or more than 150 percent, to $40.125 in its first day of trading on the Nasdaq.<<<