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

To: TimbaBear who wrote (16051)	1/27/2000 12:27:00 AM
From: chalu2	Read Replies (1) \| Respond to of 19700

I'm not sure I'm following all of your figures, but I think you're confusing revenues and earnings. (Last year's $422 in net income, was followed by a loss of $122 million in the 10/31 quarter). According to Market Guide, CMGI sells at 96 times sales; MSFT at 26 times sales. CMGI sells at 8 times book value, MSFT trades at 17 times book value. CMGI may have $600 million in revenue this year; MSFT will likely well exceed $20 billion in sales. MSFT has a long profit history; CMGI's profits are erratic due to the nature of its business. There are many problems comparing what is basically a software company (albeit one with some pretty substantial venture investments), with a hybrid venture/operating company like CMGI. CMGI bounces as it does because there are no easy valuation metrics. I think it basically comes down to how much faith you have in the Internet business model and Weatherell & Co.