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: TokyoMex who wrote (1109)	8/5/1998 5:15:00 PM
From: Diabolique	Read Replies (2) \| Respond to of 19700

>>This is an equity play ,, Waren Buffett way,,I hope every one understanbds the implications of it all..<< Not quite. Read Buffetology. WB looks for companies that dominates its field, whose products and services are monopolies or nearly so, eg. KO >>Imagine,, let say we have enough CMGI ,, and keep it for next 10 years,, where do you think this stock will be? I say ,,2,000 per share minimum,<< FYI, BRK-A was in the 40's (fourties, four zero) in 1974. >>we can margin the F@@@ out of it for our day trades,,<< I don't think so. In the current state of the market, I wouldn't even think about margin. If you have to, no more than 25% to be prudent.

To: TokyoMex who wrote (1109)	8/5/1998 5:19:00 PM
From: Scarecrow	Read Replies (1) \| Respond to of 19700

let say we have enough CMGI ,, and keep it for next 10 years,, where do you think this stock will be? I say ,,2,000 per share minimum You're baiting me, aren't you. You're just tossing out a whopper just to get a response, aren't you... ;-) To use your favorite expression (which previously I thought was reserved for teenyboppers in AOL chat rooms): ROFLMAO! What's the margin of error on that whopper?? +/- 800 percent?? Please, TokyoMex, DO tell us: How did you get to that number? Fundamentals? TA?... Calculating P/E (Whoops, sorry, we don't have that, do we?)? ..... or SWAG?? Gee, my analysis only came up with $1,950, but then, I don't have access to all of the detailed information you have which has served this board so well. I will give you credit for at least having a long-term investing horizon. And if you honestly believe that it's a $2,000 stock in 10 years (even though it hasn't turned a profit and isn't expected to anytime soon), why even bother checking the price? But I suppose -- given your extensive track record and credibility on forecasts -- we should pay attention. After all, you're the guy who tells us 10 days ago that we should have $90/share on Monday, the guy who said "Immediate target is 110." You didn't think I was going to let THAT go by uncommented, did you? You can now return to your bizarre ranting while you think up more names to call me in response. $2,000... Puh-Leeze. Sure, you're not guilty of mindless hyping. Heck no. Them forecasts are REAL thorough.