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


To: Capt who wrote (1779)9/2/1998 11:39:00 AM
From: Platter  Read Replies (1) | Respond to of 19700
 
Fred ...you beat me to the punch...but it was so positve..I will post it again......"Leading the selloff was CMG Info (NASDAQ:CMGI) down 41% since August 25 to $42 per share. Its sizable stakes in GeoCities and Lycos exposed it to the volatility in those two stocks also, as did its stable of private investments in Internet startups.

Still, we think CMGI represents one of the best ways to invest in the industry in one stock. It's like having a public venture capital fund focused on Net firms. If you want to arbitrage the value between private and public companies in this industry, CMGI provides one of the few choices.

From the Internet Stock report.