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


To: Larry S. who wrote (18717)12/19/2000 9:24:04 AM
From: cyberman  Respond to of 19700
 
They have to get profitable to first even have a legit shot at getting investment money coming into the stock



To: Larry S. who wrote (18717)12/19/2000 9:51:43 AM
From: im a survivor  Read Replies (1) | Respond to of 19700
 
<<oh come one. i realize that cmgi's model is out of favor, but this is a real business, with real revenues, good management, and core positions in major niches. totally out of favor, not going away, not going to a buck, probably will trade 30-50 in 2001>>

You could be right....but there are plenty of "real" businesses that dont do well. "Real Revenue"? Yea, well, revenue don't mean squat if your not making a profit...and look at their revenue model...man, Scary with a capital Scary.

Management....When CMGI was rolling, Wetherall was a genuis...what is he now after investing in all these companies that HAVE GONE UNDER...and ARE going under. How smart is he to have bought shares in his company in the $30's and again in the twenties...and we are now at $7 and dropping.

Like I said, you could be right, and maybe cmgi recovers....but it sure is in question at this point, and certainly the recovery wont be anytime soon, if ever.

JMO

Keith