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


To: PDL who wrote (12367)8/5/1999 9:21:00 AM
From: sunny  Respond to of 19700
 
pete you're welcome.

one more observation...i've been following (though not owning it so long) cmgi since more than a year. within that timeframe it has NEVER been valued so low relatively to its holdings. it's now 2 times its publicly traded companies and used to be at least 3 to 4 times its public holdings (if you include AV since there is kind of a "public price with 2.3 billion paid).

but anyway it's the same over and over again. when (tech)stocks start coming down w/o rebounding within > 1 week than they're even accelerating their descend.

just a matter of time when they will be back. the inet "blue chips" will be the first and the fastest starting to climb again.

can understand you nervosity though since i got burned badly these days. even worse than the iix, i guess.

regards
sunny