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


To: DAX KIMPO who wrote (17509)4/6/2000 2:30:00 AM
From: Stuart C Hall  Read Replies (1) | Respond to of 19700
 
Does this signal the decline of CMGI? A website solely dedicated to the CMGI investor? LOL

Can we get a little bit more granular? Reminds me of the CNBC Alan Greenspan briefcase watch. They would judge his interest rate attitude by the thickness of his briefcase. Bigger was badder.

CMGI hasn't fallen nearly as far as other stocks. I'm seeing a lot of bargains out there. Way oversold in many areas. While I'm long on CMGI I'm tempted to lighten the load in search of other stocks that have a bigger bounce ahead.



To: DAX KIMPO who wrote (17509)4/6/2000 3:14:00 AM
From: adsorb  Read Replies (1) | Respond to of 19700
 
Generally, the first part of the article, on CMGI valuation is (imho) sloppy. He says: "Clearly, CMGI does not trade on Net Asset Value". I've kept track (not religiously) of this and find it remarkable that CMGI has traded fairly smoothly in terms of NAV, lately (2 months) (net asset value = public properties, in my language) plus private properties (ALTA, and the rest), to the extent that the private holdings are fairly immune to market forecs (what a concept! surprise, incubator; might as well be a kangaroo pouch). Good for them (CMGI) to have such respect displayed by the market, seriously.

I do agree somewhat about news affecting CMGI - but it depends - witless Soundview upgraded it into an oncoming avalanche (i said it wouldn't stick!); ENGA & NAVI. Now if you had somebody with substance (even by including ulterior motives) the current balance of NAV and privates would swiftly flip to the favor of the latter, by far. That's what happened in Nov.-Jan. And the Peloquin is correct that the stock moves like lightning sometimes - and right again (likely), when the conditions are set right by MM's, Brokerages, whoever. (and everybody loves the voodoo about MM's, pins, needles, private placements for MSGI, etc.)

Still offer to put up a couple of EXCEL charts if anybody will tell me how and where (say a shadow stock!)

Glad you asked, Dax? I was starting to feel like in an anechoic chamber; finally a resonant sound!

Some of this stuff appeared, on the fly self taught, in:
17360, 362, 373, 376, 387, 17449, 17450, 473, 478, 481, 482, 483, 494. Real anechoically.



To: DAX KIMPO who wrote (17509)4/6/2000 9:27:00 AM
From: AmericanVoter  Respond to of 19700
 
You bet it is... I wrote something similar giving a detailed example of how it can be done about 2 years ago... one have to be careful using the word "manipulated" for it implies collusion, when in fact it does not have to... the actions of MMs can be the unspoken signal to go one way or the other... I am holding on to all the CMGI shares I have... might sell other holdings though...

best of luck to all, and may the marker have some mercy on us today...

best regards
amein alsuezi