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


To: Jamuck who wrote (2615)11/10/1998 5:11:00 PM
From: R Hamilton  Respond to of 19700
 
tip toe through the tulips.......

landmines at this point....good luck, i sold way too soon on all the nets

rhonda



To: Jamuck who wrote (2615)11/10/1998 9:01:00 PM
From: DWW II  Respond to of 19700
 
I saw Tiny Tim in N.Y. in 1971. He/She came on stage just before Alice Cooper at Phillmore East. Although I did not like either one for what they represented, I watched the show. One was a care free "tulip" head and the other was a very depressing mess to observe. I think you should look at "internet stocks" just that way. You may not like what you observe, but if you have a ticket, watch the show. I have been way down with CMGI and now am way up. I can tell you that I have been on a ride that has been very depressing and now care free. This is wild. I love it. The thing is, you can jump in anywhere and you will go up, and you will go down. Just be careful to jump off the train at the right moment. With CMGI no one knows what this company is worth, therefore it is worth billions and at the same time it is worth nothing. So, don't go away, stay and play.

DWW II

Oh....and don't forget to jump off the train at the right moment. Very Important.



To: Jamuck who wrote (2615)11/10/1998 10:00:00 PM
From: KW Wingman  Read Replies (1) | Respond to of 19700
 
you wrote: To: DWW II (2614 )
From: Thomas H. McKinley Tuesday, Nov 10 1998 5:08PM ET
Reply # of 2617

I have to say that I'm staggered by the action in the last couple of days. Are there solid fundamental reasons for this price inflation [INKT, EBAY, YHOO, etc.and CMGI for that matter] [I'd love to hear some] or is this a mania in the classic sense which people will be talking about in the same breath as "tulips".

This may not be what you consider to be a fundamental reason but I and a lot of other people are convinced that the internet will change life on this planet just as much if not more than the first industrial revolution did. This change is similar to seeing the first airplane fly, and figuring out what would be the result of that flight in a few years. Very few people of that day had any idea what changes and advancements were in the near future. Some of these companies you mentioned may be overvalued, I don't know. That is why I like CMGI. In CMGI you are getting in at the venture capitalist, pre-IPO price, you can't beat that.

All CMGI stockholders should lobby the CMGI management. We should somehow be given rights to purchase the IPO companies at the IPO price (or even a discounted price). This should be based on the number of shares we own. To save paperwork cost make it so that you would need to be have enough rights to buy 100 shares of the IPO. I for one would at least double my investment in CMGI if I could get these rights. I think it would drive up the stock price close to it's real value. I think CMGI far far far undervalued now compared to Yhoo and the others. If we had those rights we would head to the moon on the stock price and we wouldn't need even Tmex to promote it. <:}

DWW II, Don't be so fast to jump off of the train even at 90. It may sound like a lot now but $90 is nothing. Recently, a $10,000 investment in Dell I think 1n 1992 or 1993 was worth a couple million in 4 years. It may not happen again but how many people got off the Dell train with a double $20000 or $40000 and then did not get back on the train.

The internet investment mania is nothing like Dutch Tulips Bulbs. People wanted the bulbs in a mania. It may as well have been beenie babys, it was a big nothing. No real value was created, no change in the people of the days life's or the way they did business resulted from tulip bulbs. This is nothing like the internet.

Good Fortunes,

Wingman