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


To: Scarecrow who wrote (3133)12/21/1998 12:57:00 PM
From: Islander  Read Replies (2) | Respond to of 19700
 
"Forget Yahoo (YHOO), Forget Amazon.com (AMZN). The company at the top of the Internet pyramid is CMGI." Sorry, I just couldn't resist repeating this quote from Briefing.com

As long as the market for Internet stocks keeps
up, CMGI, unlike any other company, can always have a blow-out earnings report, because they
simply decide how many shares of each new company they want to sell. Forget Yahoo (YHOO),
forget Amazon.com (AMZN). The company at the very top of the Internet pyramid is CMGI.
When the Internet stock mania falls apart, CMGI may fall the furthest, since that is their core
business now. But with that day seemingly far away, CMGI will likely continue to ride the Internet
fever even higher. CMGI closed Monday at $74 1/4. CMGI is now up more than 25% from
Monday's cloase after the triple-whammy press releases.