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

To: bargainman who wrote (11668)	7/12/1999 7:18:00 PM
From: Larry Zenith	Read Replies (1) \| Respond to of 19700

OT: It is certainly not the first time WBuffet shot techs. Too bad! I think the more he shoots, the less respect he gets. With Coke, Gillette in trouble, I was wondering what performance he is going to get this year? Another thing to think about, What would have been his performance had he had some positions in techs, like MSFT, DELL? I was also wondering how one can call KO as a value stock, with low single digit growth, its PE is 46, way too high for value investors, Why didn't he sell it? From that point of view, he is contradicting himself. I am predicting he drops out of top 10 richest man in world in 2 years. ( His current ranking is #2.) If he keeps his biased view, he will be forgotten completely in 10 years. Long CMGI,

To: bargainman who wrote (11668)	7/12/1999 8:13:00 PM
From: Richard Chowning	Respond to of 19700

Exactly... WB has been negative on Internet Stocks for a long time. But, they have gone up dispite his opinion. Today's profit taking is probably good for CMGI. It my continue down a bit tomorrow, but as some of the net stocks report this week (beginning Wens.) it will move back up, IMHO. --- Richard