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


To: James Thompson who wrote (11625)7/11/1999 3:30:00 PM
From: bargainman  Read Replies (4) | Respond to of 19700
 
IMHO the brokers and analysts are in the process of reevaluating CMGI in the light of Alta Vista acquisition and what it really means. We still have a ridiculously low number of brokers (only 9) covering this $11.5b cap stock compared to other internets. CNET, with only $3.6b cap, is covered by TEN brokers. RNWK, $6.2b cap, also covered by 10. LCOS, with only a $4.6b cap and in which CMGI owns 18%, is covered by no fewer than 19 brokers. YHOO, $36b, covered by 27. I don't get it. Why aren't we getting the coverage? Anyway, that little factoid suggests that we are still somewhat in the shadows of the sector and once we get the kind of exposure to which we are clearly entitled that will help vault the stock into new highs. Does anybody have any ideas why we don't get the coverage and how to expand it?