Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bretsky who wrote (4893)	2/23/1999 1:19:00 PM
From: Ignatz	Read Replies (2) \| Respond to of 19700

Bretsky, My advice is to always be diversified into at least 4 different stocks. 6 or 8 is better. Capital preservation is an important part of investing many people tend to forget about. Also never put more than 10% of your portfolio into an OTC:BB stock. $35K can compound very quickly. My tip:I'd make room for RMBS and DRIV in your portfolio. Especially if weakness creeps back into the stocks. Both should be excellent stocks to hold for at least 3-4 years. Good luck. AOL and CMGI are also excellent stocks to have. You'll be in the $100K neighborhood within a couple of years with a portfolio of the above 4 stocks I'd say. JMHO Good luck.

To: Bretsky who wrote (4893)	2/23/1999 5:45:00 PM
From: Dave Dickerson	Read Replies (1) \| Respond to of 19700

Bretsky-If you have been watching CMGI for a couple of months,you have missed a good rise of 1/1/99 $50 to 2/23/99 $117.50 or +135% so far. IMHO you should have as many investments of stocks as you can keep track of. I used to invest in mutual funds,and found that 90% of them undershot the S&P 500 index. My goal is at least 30% per year,with a potential suprise of 100%+ gain per year. Now when there are times that 50MDA are breached,then you could turn defensive and goto shelter in money market accts. You asked about AOL. It earned .22/share,with a PE of 384,and 12 month results of $14 going to $88 and a mkt cap of 41 billion. CMGI has earnings of $1.08/share,a PE of 106,and 12 month results of $10 going to $155 and a market cap of 5 billion. I feel that AOL's growth is slowing,that plenty of competition is coming,that it's not addressing the broadband market enough, and the PE is way too high. There are other stocks that I have an interest in ,but at the moment I'm not in them. Keep up your investigations, maintain IRA contributions on a yearly basis,and adjust your portfolio as needed. Good hunting DAVE DICKERSON