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


To: Doug Meetmer who wrote (3604)1/9/1999 1:03:00 AM
From: Premier  Respond to of 19700
 
It appears that this is your first post on cmgi board. The price may or may not go down on monday. But it is likely to be substantially higher in 3 years. You may have to worry if you bought on margin, otherwise enjoy the ride. You are now participant in an organization that will touch our lives in many different ways. Do your DD. I have established many links to my yahoo club for anyone to research this stock.

clubs.yahoo.com

Good luck to you.



To: Doug Meetmer who wrote (3604)1/9/1999 1:11:00 AM
From: Gary105  Respond to of 19700
 
With any stock its important not to get in over your head, be it 100 shares, 1000 shares or more. The stock is very volatile - and this works both ways - those who have the stomach for large retracements may very well be rewarded with multifold gain over the years. Tke key is adjusting the size of your investment so that you have the stomach.



To: Doug Meetmer who wrote (3604)1/9/1999 2:20:00 AM
From: Mariah Smyth  Read Replies (1) | Respond to of 19700
 
Hello,

Is the split after the close on monday or does it take effect monday am ??????????????

Thank u



To: Doug Meetmer who wrote (3604)1/9/1999 11:17:00 AM
From: 007  Read Replies (1) | Respond to of 19700
 
Maybe this opinion will give a clear feeling for your worry:
CMG Information Services
Recommended Minimum Holding Period:  10 Years
(Nasdaq:  CMGI)
        CMG is kind of like an Internet venture capital firm, with two differences.  First, CMG is a publicly traded stock, with the company's investments in various Internet startups being their main assets.  Second, unlike most venture capital firms that screw up more often than they succeed, CMG has a nearly unblemished track record.  In fact, out of the dozens of private Internet companies they have invested in, only one has gone bankrupt.  As for their successes, they include having made huge investments in Lycos (Nasdaq:  LCOS) and Geocities (Nasdaq:  GCTY) when these companies were working out of their founders' garages and bedrooms.  As a result, CMG now owns millions of shares of these multi-billion dollar corporations, shares which they bought for a few pennies each.  As you might've guessed, CMG also currently has investments in a slew of promising private companies such as NaviSite, Engage Technologies, and Planet Direct among others.  The growth potential of the Internet in the next 10 years is nearly unlimited, and I think CMGI is a great way to play it out.

Here is the link: members.tripod.com

It at least shows a long term perspective of the power of this stock.
I would relax if I were you.

M. Solum