Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: hdl who wrote (18817)	1/16/2001 12:30:43 PM
From: Bosco	Respond to of 19700

Hi hdl - it is not necessarily speculation. These stks have gone thru the blender in the tax loss selling season last Oct thru Dec. They should benefit from the January effect. Additionally, while high or no p/e stks are indeed unfavorable, they are not necessarily no value. IMHO, dotcom depression is no more justifiable than dotcom mania. While I didn't pick the bottom with my entries in CMGI and ENGA either, I am hopeful that not only they will survive the recent onslaught, but also they will prosper if mgt doesn't drop the ball. best, Bosco

To: hdl who wrote (18817)	1/16/2001 1:00:26 PM
From: im a survivor	Respond to of 19700

Cool.....my cmgi and icge are now free shares, so I will hold for awhile and see what happens....

To: hdl who wrote (18817)	1/16/2001 6:55:15 PM
From: FR1	Respond to of 19700

I don't think this is a wild speculation trip but it is a 10 bagger. Look at it this way: The FED killed the IPO market - absolutely dead. It was simple - they raised rates so so high that nobody could borrow money. Now we have the opposite starting to happen. FED lowers rates. Money will loosen up. IPOs will start again. Then the DCLKs of the world will feed off the new IPOs and life in the pond renews itself. Consider that the IPO factories (CMGI, ICGE, RRRR, etc) are so beaten down that just one single IPO will cause their net to skyrocket. That's where the 10 bagger comes in. So you buy now and sit tight as the IPO market starts up (it takes a few months). ATHM, though in a different category, also has the 10 bagger possibility (ie there is real reason for this stock to go that high). I can't agree with the others YHOO, PCLN - no driving force. Unless YHOO merges with disney or somebody but that is a wild play.