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

To: Hands Off who wrote (6618)	4/1/1999 7:37:00 AM
From: pater tenebrarum	Respond to of 19700

hi, oh yes, cmgi will surely survive and is probably a very good investment in the very long term (i clarified my position on cmgi in my reply to 49er steve). it is the very lofty price of their shares that makes me uneasy. i dare to predict that even if we see a run to new highs due to the split, there will be ample opportunity to buy the shares at much lower prices at a later stage. btw,the other stocks you mention as being overvalued - guess what - i agree! nevertheless, let me comment a bit on amzn. this one will also survive and prosper. once again, it looks overvalued short term,etc.,etc., but in e-commerce amzn is number one and will remain so. their recent initiatives bear out what i have always known - this is much more than just an online bookstore. so, based on your assessment that the strong will get stronger (which i agree with), if you like cmgi, you should like amzn even more. greetings, blasnik