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


To: NASDBULL who wrote (1315)8/10/1998 6:48:00 PM
From: baggo  Read Replies (2) | Respond to of 19700
 
Anybody get any shares from ETRADE yet?
Good luck longs,
Brice



To: NASDBULL who wrote (1315)8/10/1998 8:25:00 PM
From: Sword  Read Replies (1) | Respond to of 19700
 
Analysis: GeoCities opening price of about $20 results in a rise in book value of CMGI of about $9. Add to present book value of CMGI: 3+9=$12. Reasonable price to book value for CMGI is about 6 or 7. New stock price = 12 times 6.5 = $78.

Current price/book ratio is 28.

-Sword