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To: Venditâ„¢ who wrote (80)9/2/2001 7:33:49 PM
From: Venditâ„¢  Read Replies (4) | Respond to of 122
 
<font color=red>Reference post 6; Multi ID's

angelfire.com

Jeff pulls another hate Vendit thread down.



To: Venditâ„¢ who wrote (80)9/2/2001 7:37:10 PM
From: AugustWest  Respond to of 122
 
reference this:


From: Uranus_ Monday, Jan 15, 2001 3:22 PM
Respond to of 19296

<Buy a beaten down solid company with a pe of 10 and double your money in a year. buy cmgi and lose your money or perhaps hit a 10 bagger if the ipo market comes back.>

siliconinvestor.com.

True enough. The above picture kind of makes me think the worse is over for CMGI but presently think it and other non PE stocks are worth nothing unless you are looking something to trade.


On the other hand you can do the same thing with some very good low PE software and chip stocks and be treading in safer waters.

Uranus

Message 15184957

Reference this

Jan 16, 2001 CMGI closed at 6.6875
Close Jan 17 7.25

Aftter the 17th close, it never traded above 6.6875. In fact, CMGI closed 1.78 Would have had to be a DAY trade!