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


To: John Carragher who wrote (14325)11/24/1999 12:34:00 PM
From: stock bull  Read Replies (3) | Respond to of 19700
 
John & All, I came across the following message that was posted on the Motley Fool BB. Thought it would be of interest to those on this thread. Here's the message:

To everybody:

What do people think is the driving force for CMGI's long-term growth?

What I mean is this: In case of Dell, or Home Depot, or McDonalds, the source of long-term growth is ultimately very simple -- people like your products, you make more of them, you make more money, you grow. It's not too hard to see that these kinds of companies might increase their sales/profits/market value by 10-fold, 100-fold, or more from the early days of the company. But what about CMGI? They already incubate about 50 companies. This will not grow to 500 or 5000, obviously. So how is CMGI going to grow for the next ~5 years? By picking better eggs? By incubating longer so that the chicken are fatter, or tastier, or what? Or to put it in another way: If CMGI is to become, say, a $100B company in 3-5 years, how exactly is DW going to do it?

Thanks,
hem

Interesting point of view.

Stock Bull