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

To: stockman_scott who wrote (12425)	8/7/1999 4:40:00 PM
From: Mark Peterson CPA	Read Replies (1) \| Respond to of 19700

Scott, I read the Barron's article yesterday too. I know I'm dating myself, but post October 1987, Alan Ableson, in his tongue-in-cheek entertaining style, was bearish on nearly every market prospect. In fact, I so religiously followed his musings that I stayed out of the market for nearly 2 years, much to my own misfortune. But there's clearly some truth to the concern about taking a relatively unknown company with $20M in annual revenue, $30M in annual losses, and having a market cap approaching $1B - many of the second tier Inuts seem to have these similar profiles. And about Goldman's Inet fund not buying into their Inet offerings. Legitimate concern. Thanks for posting your findings. mark