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


To: nikko who wrote (3408)1/6/1999 8:59:00 PM
From: Bruce Stenberg II  Read Replies (2) | Respond to of 19700
 
How do you find out what stocks are trading in after hours?



To: nikko who wrote (3408)1/6/1999 9:42:00 PM
From: SOROS  Read Replies (1) | Respond to of 19700
 
CMGI (NASDAQ:CMGI - news) . We believe this stock, more than any one other stock in this space, offers the best of what the Internet has to offer in its breadth and approach to the Internet. CMGI gets in early to future possible stars and then capitalizes on the arbitrage. Lycos (NASDAQ:LCOS - news) and GeoCities (NASDAQ:GCTY - news) are two examples.
Our CMGI outlook is one we've held since 1995 but it's much stronger in 1999 as its success has rolled out.

In our view, no other one Internet stock offers an entire array of Internet growth as efficiently. Money managers looking to dress up their boring blue chip portfolios with Internet stocks who don't have CMGI in their portfolios should retire, in our opinion.

Through its majority-owned startup investments, operating units and minority equity in its @venture venture side we believe CMGI shares may be severely undervalued, that this firm may be a Yahoo-like entity in its pioneering approach, value creation and critical mass of capital. We also like the fact that Microsoft and Intel own just under 5% of CMGI. Risks? if the IPO market dries up then its investments may not find liquidity as quickly as possible. Or if the stock market tanks then the same also applies. But overall short of having an ISDEX Mutual Fund (which we want to see), CMGI may represent a good proxy to the Internet in our opinion. Decide for yourself, see its Website, ask your broker.

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