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


To: DWW II who wrote (467)5/2/1998 6:30:00 PM
From: Zipster  Respond to of 19700
 
I read recently that CMG has raised $ 150 mil. for the next move.
Can anyone confirm this?
1. CMG owns 40% LCOS = $500 mill.
2. CMG owns $42% Geocities with a PVA of 300 mill.
3. CMG's all other cos. (conservatively) = $ 400 mill

CMGI's 14mil shares @ 100= 1.4 bill
But when 2 and 3 above go to IPO, research firms estimate a minimum growth factor of 2 to 3 rightaway.

By this projection CMGI is undervalued.
Vinman, this is how it was explained at www.internet.com
The key words here are venture, risk and reward.
I think your role of playing a devil's advocate is debate-stimulating

If you want to absolutely certain of value, buy IBM at $115 with a possible growth of about 10% per year.



To: DWW II who wrote (467)5/3/1998 11:16:00 PM
From: The Vinman  Read Replies (1) | Respond to of 19700
 
DWWII,

I appreciate your post...no hard feelings...caught me on a bad day, I also apologize for my post, good luck with your investments.....

Vinman