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


To: dude545454 who wrote (15896)1/21/2000 5:49:00 PM
From: Richard Tauber  Respond to of 19700
 
My take is that the stock is being set up for an upgrade or two.

As others on the thread have indicated, we should be getting a recommendation from Mary Meeker of Morgan Stanley (Alta Vista IPO).

With Engage taking off, Silknet taking off, Navisite taking off, I would have thought that investors would say to themselves that this is great for CMGI e.g., we do own 87% (?) of Engage and the stock has gone up 30 or so points since the other day.

This stock (CMGI) will fly in 2000.

Also, in light of ICGE's increasing price, there is no logical reason why CMGI shouldn't go up.

A discussion of CMGI's recent price action would be welcomed by this investor.



To: dude545454 who wrote (15896)1/21/2000 6:00:00 PM
From: JavaGuy  Read Replies (2) | Respond to of 19700
 
No worries Mate,
Just the nature of this beast, I'll worry when the internet goes away and technology stops advancing (mmm, never).
Look at the chart for last year, CMGI is prone to dips both fast and slow, just go with it, but never sell.
I want to see 100, and a nice narrow trading range for a bit, load up on cheap calls (out long or LEAPS), then BAM! it spikes with a vengeance. I never know exactly when it will happen, just that it will eventually, usually sooner than I think.
Does anyone out there think that CMGI will not be over $300 in 12 months? Their "market" is huge, how can you put a limit on their growth? How can you even accurately gauge the size of the internet in 5 years, 10 years? I can't, I just know it is going to be huge, and CMGI is in a perfect position to extremely well and make me (us) rich along the way.
While disappointment can set in in the ST, don't frown, double down!

-JG



To: dude545454 who wrote (15896)1/21/2000 10:01:00 PM
From: James Thompson  Respond to of 19700
 
Not to worry! I have owned CMGI since last January and this is about the fifth time I have had to sit and wonder why CMGI is lagging behind NASDAQ and the rest of the sector. Then, one day soon, it will take off like a rocket. I am very happy with CMGI and with each split even happier. Just wish I managed the rest of my money well well enough to buy buy buy at each bounce off the bottom. I sat here the other day and almost hit the buy button at 112, but didn't because I bought your AOL shares at 175« and 174«.

Good luck and go long.

Jim