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


To: James Thompson who wrote (13116)9/25/1999 10:41:00 PM
From: PAL  Read Replies (1) | Respond to of 19700
 
individualinvestor.com
(9/27/99)

CMGI Inc. (NASDAQ: CMGI - Quotes, News, Boards) is an
invdividualinvestor.com Magic 25 stock and is expected to post a loss of
$0.28 per share for the fourth quarter ended July 31. Consolidated revenue and
earnings are, to a certain degree, irrelevant for this story. Moreover, the
numbers are difficult to predict due to the frequently changing composition of
CMGI's portfolio of majority-owned companies and fluctuating percentage
ownership in these investments. Having said that, investors can expect
record-beating sales and operating income performance, thanks to
contributions from Engage Technologies (NASDAQ: ENGA - Quotes, News,
Boards) and AltaVista.

The stock has come down significantly in recent months along with the rest of
the Internet sector, but we feel the company is still a great long-term
investment.

____________________________________________________________

Have a great week

Paul