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


To: SJS who wrote (4284)1/22/1999 11:59:00 AM
From: SJS  Respond to of 19700
 
Still getting buy reccos on INUTS:

11:46 ET Amazon.com (AMZN) 118 3/16 +12 3/16 (12%): BancBoston Robertson Stephens senior Internet analyst Keith E. Benjamin reiterates "buy" rating. Says recent sell-off "creates an attractive market opportunity to buy shares of this e-tailing powerhouse." Believes investor concerns surrounding aggressive Internet pricing are overblown. Recommends purchase in advance of the company's Q4 earnings release, due out Jan 26.



To: SJS who wrote (4284)1/22/1999 12:08:00 PM
From: Dave Dickerson  Read Replies (1) | Respond to of 19700
 
To all -this is just a normal profit taking correction.Ignore Biggs. Look at internet stock index up 2% today
goto and bookmark this internet stock index at
cbsmarketwatch.com Don't let these head fakes shake you out of CMGI,my stack of research is 5 inches thick on this baby and I'm holding it longterm. Internet is not going away, more and more business will be conducted over net.Yes there will be consolidations, so what if someone buys Lycos from us at twice today's price,is that bad? Our partners Microsoft,Intel,Sumitomo are not dumb. I just reviewed the more than 40 (that's right 40) young companies, that we have in our stable, with various percentages of ownership, and a lot of future winners are there. Last year at a certain time period, you could have gotten discouraged with a 50% loss in value, but if you held for the entire year, you would have been rewarded with about 600+% profit.
Mr. Biggs is old line bear from Morgan Stanley,and he probably doesn't have internet access at his home.
Dave Dickerson