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

To: Hands Off who wrote (10121)	6/14/1999 10:28:00 PM
From: badon518	Read Replies (2) \| Respond to of 19700

i think logan was pointing out differences between enhancements to radio-- such as those you discussed-- as opposed to the development of a new medium, viz., the internet. the point i think she is making is that the internet represents an entirely new medium with much more uses developedmuch more quickly than the transistor/electronics represented for enhancments to radio. implicit in her post is that cmgi is a key player in shaping this new medium. of course some stocks will make it and some won't-- just as some of the nineteenth century sooners became land and cattle magnates and some went bust. so the point is non controversial. the corporate world is such a dynamic flow that weaker companies-- such as many of the .coms-- will in fact fail. but many companies--like cmgi-- will not, imho. many of the .coms are way overvalued for what they do, regardless of how you value them. i don't think cmgi is. there is an interesting discussion of this pullback by brad goldstein at www.internetspeculator.com. if i were competent enough, i'd make it a link (sorry). all fwiw. excuse me while i mop up my blood from today. at least i'm not margined-- i own all my (shrinking) cmgi!