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

To: Craig Rogers who wrote (6971)	4/12/1999 9:39:00 PM
From: michel petit	Respond to of 19700

Is Pico Holdings the next CMGI? PICO owns ~50% of PC Quote,value ~$110 million Market value of PICO ~$155 million Book vaue of PICO ~$20/share but real value much higher(they bought PQT at ~$2.00/share

To: Craig Rogers who wrote (6971)	4/12/1999 10:06:00 PM
From: Hands Off	Read Replies (1) \| Respond to of 19700

Craig, you wrote I'm not making the same mistake this time. I've made a bundle and I'm not loosing it. Well I thought the same thing when the DOW was 8700 last year. I had AXP at 88, LEH at 38, etc., but the advance/decline line was bad, market breadth was bad so I sold everything, got out and paid the tax man a bundle. Watched it drop to 8000, and thought I was so smart. And then the DOW started creeping up and I did not see if and I never did get back in fully. Now it's me that would be taking Bill G to lunch had I not sold. Just to let you know, I also sold 40% of my CMGI (something I said I would not do on this thread - but then there was LYCOS and Barry and DW selling 4%) at 191 after buying at 124. Well, was that 2 weeks ago or 3 weeks ago - I forget? Anyhow, ask me if I regret selling. Well, thats what makes the market. So this time you sell, I will hold and next year we will swap stories. Luck, Marshall

To: Craig Rogers who wrote (6971)	4/12/1999 10:11:00 PM
From: HoodBuilder	Read Replies (1) \| Respond to of 19700

Some advice for those that follow CMGI.............. Not if, but When CMGI corrects, and it will, BUY THE DIP. It is not often that you get an opportunity to buy the next DELL,MSFT or AOL but let me tell you folks this is it! Believe it or not, Wall Street has ignored the nets and the moves have been caused by the retail investment community and day traders, however, The Street is finally realizing that the internet is the most powerful medium of the last 100 years and it ain't gone away. CMGI's split will allow institutional money to chase this stock and chase it they will. Look at the block trades on any given high volume day then compare the blocks to any other big cap tech, CMGI has very little sponsorship and many trades are 100 and 200 share lots but when the big money begins to want in this stock will move like a freight train. A train that will make these moves look like a snail's pace. Buy and hold and trade a few shares for fun but whatever you do DO NOT SELL YOUR CORE HOLDINGS. I made a bet today with a P.M. that runs about $400 million, I told him that CMGI would spilt 2/1 and possibly revise their split and do a 3/1 and within 9-12 months this stock will trade at twice the pre-split price. He then told me that he was first exposed to the stock this past Friday and bought a few hundred shares just for fun along with Netbank. This is a guy that runs $400 million....now how many people are there out there like him, ask yourself!