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

To: BeachCrunc who wrote (12547)	8/12/1999 10:44:00 PM
From: James Thompson	Read Replies (3) \| Respond to of 19700

As a long-term shareholder (by today's standards anyway) I like the $150 target price, but appreciate the current situation as an excellent buying opportunity. I am not used to such a prolonged lull in the price of CMGi's stock, but am prepared to wait it out. I have not "fallen in love" with the stock. CMGI has significant risk because it is misunderstood by analysts, talking heads, and is an unknown to most main-stream investors and financial advisors. In my case the potential gain outweighs the potential loss. After all, when I started this great stock market experiment I started with chump change. If I end up with the same, so be it. Simply put, CMGI is the vehicle that I chose to invest in as my core holding. I will stay with CMGI and watch as my investment grows over the next few years. Baring a circumstance where CMGi's business plan eventually fails (where is iCast anyway?), it should pay off handsomely. IMHO, the answer to the current situation is a simple one. CMGI was extremely volatile on a day-to-day basis for over a year. My nerves were severely tested with more wild price swings than I dare to count. When the market dropped off the cliff, CMGI pretty much led on the way down. Now that things appear to be stabilizing other net stocks are dominating the revival. Its easier for the average investor to understand an EBay, Yahoo, or AOL. CMGI won't join in until shell-shocked investors are confident of the direction, but when that happens don't stand in the way. Best regards to the members of the thread. Jim