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

To: Hands Off who wrote (12612)	8/18/1999 1:28:00 PM
From: James Thompson	Read Replies (1) \| Respond to of 19700

IPO Market Marshall, you wrote: "That is why I was upset with the interview because I think the days of IPO mania are mostly behind us - there will be exceptions. And if we are primarily an incubator I see less future for CMGI. Look greed/human nature killed the IPO market - supply and demand. It worked for a while, we made money and now we should be on to the next phase since I still strongly believe in the Internet. If I am right about the death of IPO's and everyone else is right about how smart DW is then we should start to see some framework developing for going forward." I am wary of the IPO market too. But I believe that the downturn in the IPO market is related more to general market conditions combined with an over supply of marginal IPOs than it is with a lack o f interest in quality IPOs. SILK, CMDX and ENGA are all doing reasonably well, or at least within expectations. SILK was offered during a downturn in the market and it took a few days for the price to take off, but it did. All made highs from which they eventually settled. What we have going for us is CMGI's reputation for taking quality products to market. We may never see the results of a Red Hat, but I believe that any CMGI IPO in the near future will be profitable. Regards, Jim