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

To: Islander99 who wrote (15556)1/8/2000 11:05:00 AM
From: bubbarayjr  Read Replies (3) | Respond to of 19700
 
Islander99: Anyone who shorted this stock on the way up was an idiot. Conversely anyone who is currently long CMGI with more interest rates hikes on the horizon and a changing investor's perception about DotCom companies is a fool. High P/E multiples are justified only when growth will become a reality. Case in point, Amazon.Com's revenue doubled in the fourth quarter but this did not curb their losses.


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