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

To: playavermont who wrote (14379)	11/27/1999 8:36:00 PM
From: stock_bull69	Read Replies (1) \| Respond to of 19700

From today's Bull Market Report: Speaking of the Internet sector, Amazon (AMZN) was a monster again, closing at $94, up 21% for the week. We remember our bet and vociferous argument with a subscriber who was shorting it at $94 in August. Now it's at the same price, AFTER a 2-1 split. I wonder how she feels now!!! Learn from this. Amazon is REAL, and Amazon is going to be a HUGE winner in the Internet space. Did someone say Gorilla? Yes, they are on a gorilla path. Exodus (EXDS) was up 24% to $126 - a split is coming here too. DoubleClick (DCLK) continues to go up EVERY day, closing at $179, up 20%. And how about CMGI (CMGI)? We LOVE this company. Someone came out with a $200 price target for Wetherell's company. We think you will find this a low target someday. The stock closed up 17% for the week at $146. Gotta love it. It is NOT too late. Just wait for the New Year as they start to bring out all these IPO's they have in the wings!

To: playavermont who wrote (14379)	11/27/1999 11:37:00 PM
From: TimbaBear	Respond to of 19700

"....I was merely pointing out that the street still looks for old fashioned qualities even in internet companies and one of them is operational profitability...." I still look for "old fashion qualities" too....a la Graham and Dodd and that was the basis for my post....I believe the venture capital aspect of this business is operational income since that is their reason for being....the only question, for me, was how to value the future revenue stream....the answers I arrived at satisfied me that the actual cash generated from the outright sale of companies or the partial sale through IPO, the actual cash, not the value of retained ownership interest, had a significant likelihood of continuing at at least the same level displayed in the last 12 months.....Additionally, it appeared to me that momentum in the internet sector was accelerating and providing many more opportunities for similar events for the foreseeable future....Also that the net expenditures for newer companies would likely be made with stock, and yet cash would be generated from the sale of these companies. I don't think "the street" has a hard time seeing the revenues, I just don't think the investment houses have much interest in touting valuable investments....just in touting those they make a market in.....but that doesn't matter as much, because the real money players have no qualms about walking over and picking up any money they see lying around....and CMGI is just money waiting to be found.