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


To: cyberman who wrote (17047)3/10/2000 4:19:00 PM
From: Bill Hardison  Respond to of 19700
 
How about DW saying that their internal target for the market cap of stocks they hold is 25 to 45 million. And my guess is that he's being a little conservative. It'll be pretty hard for CMGI to have a market cap of 33.6 billion if they hold securities worth 50 and and have 60 or so properties in the hopper.



To: cyberman who wrote (17047)3/10/2000 4:44:00 PM
From: mike machi  Respond to of 19700
 
I am long CMGI so don't take this the wrong way, but first off a loss of 0.74 is blow-away because the average estimate on the street was like 1.27 or something and look what happened to the stock, even after the analysts wrote supportive research.
Also, Wetherell outlined that revenue will probably grow around 20% per quarter for the rest of 2000, so I wouldn't count on any blow-away quarters in the near future or he would have guided the street higher.

I am no expert., but I love Mr. W for what I see as the sQueakest cleanest business ever run and yes i know WE NEED THE SHORTS but bottom line is that we are under valued and what it is is just that., what ever one is willing to pay at any given time for the stock.

mike



To: cyberman who wrote (17047)3/10/2000 9:48:00 PM
From: Sorin A. David  Respond to of 19700
 
I beg to differ about guiding the Street higher. Look at Microsoft. For years they have been telling guiding the market lower and beating the forecast. This is the way to do it successfully. Don't increase hopes, then beat them by a wide margin.



To: cyberman who wrote (17047)3/11/2000 11:50:00 PM
From: bundashus  Read Replies (1) | Respond to of 19700
 
I believe CMGI went down because of the conservative 20% quarter over quarter growth rate predicted by DW. I think the market was looking for a higher growth rate.