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: Brian Malloy who wrote (14513)	12/3/1999 11:45:00 AM
From: DiB	Read Replies (1) \| Respond to of 19700

Brian, does CMGI have to announce every time it sells stock of publicly traded companies in its portfolio? What are rules for that? Thanks, -DiB

To: Brian Malloy who wrote (14513)	12/3/1999 2:08:00 PM
From: Raymond	Read Replies (1) \| Respond to of 19700

Possible upside factors: 1. Earnings release on Dec. 15 2. split announcement 3. inclusion in S&P500 Why I think CMGI will be included in S&P? Because it's the best candidate in Internet stocks. I can think of some other candidates with comparable market caps: AMZN, EBAY, ICGE. But ICGE is too new, AMZN has never made a cent, and EBAY is too small in terms of revenue. So, I bet CMGI is going to be a S&P500 stock very soon, unless S&P doesn't like any more internet stock. When that happens, we're gonna see real buyings from the $600B index funds, as what is happening to YHOO. Enjoy the ride! Raymond