SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: badon518 who wrote (12846)9/4/1999 3:55:00 PM
From: ZenWarrior  Respond to of 19700
 
Thanks for the welcome badon,
I've always like DW's press releases myself. Yeah, I was a little upset w/ the split announcement myself, but I know his primary goal is to keep long term investors interested. Afterall, he owns a boatload of CMGI, and you'll even notice in the Boston Globe article that he himself could care less about short term swings. Maybe that's not the best attitude, but I kind of respect that. No hype, just the facts.
As for earnings, well CMGI was hammered last quarter because they didn't make estimates. So I certainly hope they take off to planet Mars when they beat estimates... or should I say absolutely blow away estimates?? :-) They did well a couple quarters ago when beating estimates, so I would think such dramatic #'s this time would have an even bigger affect... though the Nets haven't been doing their thing of late. Regardless of earnings, there are better things which are fundamental to the growth of CMGI coming up: iCast, Activerse, etc. These cannot be argued in the least. CMGI is about to build the biggest Entertainment empire the world has ever seen. FOX is a $15 billion company. TWX is a $70 billion company. Wanna bet iCast sees even bigger numbers 5 years from now? :-) And that's just one of CMGI's 45+ companies!
I hope to see you guys and gals over at Financialville... we're actually getting 6,000 hits a day now, but I would love to see more of you!
Thanks for your support and warm welcome!
- Zen :-)
24.0.102.87