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


To: bargainman who wrote (7259)4/19/1999 10:52:00 AM
From: Rene Madsen  Read Replies (1) | Respond to of 19700
 
I don't know, the first many times some ANALyst cried wolf I sold off my Inet's for a loss having to buy them back at a premium. Since then I have had to learn to ignore those ANALyst in order to not be completely fleeced...




To: bargainman who wrote (7259)4/19/1999 11:12:00 AM
From: keta  Respond to of 19700
 
NaviNet Appoints Scott Burnett, Vice President of Operations
ANDOVER, MASS. (April 19) BUSINESS WIRE -April 19, 1999--

Burnett to Manage Growth of NaviNet Network

NaviNet, Inc., the first national provider of switch bypass-based
wholesale dial-up networking services and a majority-owned subsidiary
of CMGI, Inc. today announced the appointment of Scott Burnett as Vice
President of Operations. In this role, Burnett will have overall
responsibility for the implementation and management of the NaviNet
network, including customer service and field operations.

"Scott brings to NaviNet more than ten years of solid experience in
the telecom and data communications industries," said T.C. Browne, CEO
of NaviNet. "His experience and success in leading large-scale network
deployments will be a great asset to NaviNet as we continue our
aggressive network rollout."

Prior to joining the NaviNet team, Burnett held the position of Vice
President, Engineering & Operations for United Pan-Europe
Communications NV (UPC). While at UPC, he successfully launched
competitive local telephone and public data services in key European
markets using UPC's broadband communication networks.

Burnett joined UPC from Cable Television Laboratories (CableLabs)
where he managed telephone & data service deployment projects for
CableLabs' North American member service providers. Prior to the
CableLabs' assignment, Mr. Burnett was a senior project manager for
telephony products and service development at U S WEST - Advanced
technologies, with responsibility for CDMA/GSM PCS network design,
wireless local loop analysis, and AIN-based service creation for both
wireline and wireless customers. About NaviNet

NaviNet is a majority-owned subsidiary of CMGI . GeoDial SP is
NaviNet's high performance, low cost wholesale dial-up networking
service for Internet Service Providers (ISPs). GeoDial SP allows ISPs
to increase their dial-up coverage, while significantly lowering their
costs per subscriber.

GeoDial SP leverages NaviNet's innovative NaviNet Technology Platform
to provide ISPs with the highest performance dial-up networking
services available. The NaviNet platform combines a nationwide ATM WAN,
high bandwidth Internet connectivity and switch bypass technology to
provide dial-in users with more reliable modem connections while
virtually eliminating busy signals and line drops. Each ISP customer
has access to a complete set of richly featured Web-based real-time and
historical management tools for capacity planning and user support.

For more information, visit NaviNet's Web site at www.navinet.net or
call 877-NAVINET (877-628-4638).





To: bargainman who wrote (7259)4/19/1999 11:40:00 AM
From: AmericanVoter  Read Replies (2) | Respond to of 19700
 
the question I ask myself, has the damage already been done, or there is more to come... I am on the sidelines to buy and feel (or may be wishful thinking) that we may still see lower prices...

amein



To: bargainman who wrote (7259)4/19/1999 12:13:00 PM
From: PDL  Read Replies (1) | Respond to of 19700
 
There was also a major piece on the op-ed section of the WSJ today on "Are Internet Stocks Overvalued? Absolutely!" or something like that. Written by a Wharton professor, with primary focus on the big cap internets like AOL. The sentiment was "sooner or later, the internets valuations have to be reconciled with actual profits and on any historical basis, they are grossly overvalued today."

There will be a "counter argument" presented on the same page next Monday.

I expected this article (along with the other "rotation to value" stories) to keep the pressure on the successful internets like CMGI and MSGI -- sounds like the Morgan Stanley analyst is singing the same song.