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

To: wiz who wrote (7565)	4/26/1999 9:35:00 PM
From: bargainman	Respond to of 19700

Mark -- Having tripled my money on this stock since buying in at $90-something, I would confess to feeling pretty good about it. But I wouldn't say I was "emotional" about it. Valuation in regards to internet stocks remains a fuzzy equation. The traditional way of valuation doesn't work and has, in fact, steered a lot of investors away to their ultimate regret. Don't know if DW's #-of-eyeballs-cubed formula is right either. But watch the earnings reports coming in this week. Internet after internet is starting to report dramatically higher than estimated earnings. This will likely force a recalculation of those valuation formulaes in the days to come. First Call has already begun to overhaul its valuation methods on the top 20 internets and says that as a result, most estimates will be higher than previously published.