Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: HudsonDog who wrote (14073)	11/14/1999 10:52:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 19700

Another catalyst for the stock in coming weeks should come from Wall Street analysts. Many think the stock should join in on the recent rebound in net stocks. Paul Merenbloom of Prudential Securities thinks CMGI's current public and private holdings are worth as much as $151 per share, or 80% above current levels. Whether CMGI fetches such a valuation any time soon remains to be seen. However, with AltaVista as one of the potential candidates in the list of three to four private companies up for an IPO in the next six to twelve months, shares of CMGI are poised to move to the higher ground.