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


To: andreas fauler who wrote (16042)1/26/2000 5:38:00 PM
From: ZenWarrior  Respond to of 19700
 
ENGA is over $12 Billion due to Ad company purchases, and rise in deal value due to ENGA rise (deal now worth $5 Billion). CMGI owns 87% of ENGA following the deal, or $10.5 Billion. :-)
And people wonder why I don't understand CMGI going down today??
- Zen



To: andreas fauler who wrote (16042)1/26/2000 11:56:00 PM
From: TimbaBear  Read Replies (2) | Respond to of 19700
 
Hello Andreas....thank you for that listing, I've seen several similar ones in the last few days....all of them talk about NAV only....as if CMGI were only a mutual fund....but what about the operating company which is conservatively estimated to earn 600 million per year....how much is a revenue stream of 600 million worth?....Another way to put it is: "What amount of money would you have to have invested at the normal business rate of return to yield you 600 million a year?"....let's see, if business return is average market return of 20%/year then the math is: 600,000,000/.20 which equals 3 trillion dollars.....what's that make it, about 5 times MSFT?....impossible?.....I wonder...