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


To: Tom Caruthers who wrote (19563)10/5/2006 5:08:32 AM
From: Arthur Tang  Read Replies (1) | Respond to of 19700
 
To work on any stock, we have to first come up with the technology to make the company a $100.00 stock, no matter how humble the company is today.

$100 stock needs P/E ratio of 20; on the way up.

Which means $5 profit per share. Unfortunately, Cmgi has 510 million shares So, at the most, if revenue is $10 billion, Profit is 5%. Stock price could be $20.00?

This company will have to have much more sales representatives selling its supply chain software.

Then, they have to own many venture capital 85% owned companies, to make capital asset worth the rest of the $100.00 cmgi stock?

Interesting if they understand how to build up the company?