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: Mike Harvey who wrote (15319)	12/29/1999 6:46:00 AM
From: AmericanVoter	Read Replies (2) \| Respond to of 19700

Good morning Mike, certainly, the market might have discounted future MSDW coverage in the current price, and I wouldn't be surprised if we see profit taking when MSDW coverage starts ... kind of sell the news, and sell into a rally... I think, more than anything, that MSDW coverage will just be the confirmation seal ... that's all... a good chance it will not add as much as already added... and you do have a point also that MSDW might be waiting for the most opportune of time to announce their coverage trying to avoid a short term recommendation other than a buy if they think that the price at current level is fairly valued... who knows...? I surely don't. but, since I am long and holding, not really trying to trade it, the MSDW confirmation seal is a good thing... it more or less implies, to me at least, that when profit taking occurs in the future, it will not be as severe as before nor will it last as long... and for a long, who has gotten few white hairs because of the not so far long ago decline, that is RELIEF... best regards amein

To: Mike Harvey who wrote (15319)	12/29/1999 10:14:00 AM
From: ZenWarrior	Read Replies (1) \| Respond to of 19700

Mike Harvey: No, I'm not saying any of that. If I didn't have other things to direct my thinking, I would agree w/ that theory completely. What I AM saying is that DW has made it VERY clear that ONLY those firms underwriting their companies will be allowed to take their companies public. In fact he said that at the recent annual meeting. What this means to me is that MSDW has agreed to do so... that they have probably already spoken to DW/IR about CMGI's many intricacies, and are attempting to put it all together and come out w/ coverage. I assume it will be positive, unless they don't want any further IPO's. - Zen