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


To: Carlos Ferreira who wrote (463)4/30/1998 10:32:00 PM
From: Premier  Respond to of 19700
 
Carlos:

You said something about MSFT. Someone asked Bill Gates three years ago: How do you measure power? The response: PCs per house hold. The same question was asked again recently. The response: Networks per capita. Networks of course includes internet,intranet,lan,wan,etc.

Internet explosion is not hype. The exponential growth will happen. As the bandwidth increases the growth will accelerate. Several enterprises will fail and people will loose money. Presently, though, internet ventures can get tons of money. These ventures are looking for contacts more than money. CMGI being associated with big boys is assured of steady supply of best deals in town.

As to valuation, I quote Shakespear " when everyone is insane 'tis folly to be wise".

Premier