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

To: Joe Griffin who wrote (7978)	5/6/1999 2:05:00 PM
From: RLM	Read Replies (2) \| Respond to of 19700

Do you think it will just keep rising without pulling back ? Have you watched the market since October ? Did you know that Alan Greenspan spoke today ?

To: Joe Griffin who wrote (7978)	5/6/1999 4:38:00 PM
From: bargainman	Read Replies (1) \| Respond to of 19700

Joe -- I think CMGI is performing beautifully in the midst of this "rotation" to the cyclicals. It was only two months ago that we hit our new intraday high of 226 and fell back hard. Since then, we've hit 330 and 226 is considered "cheap." RLM shows his bear inclinations about the market as a whole, but he/she has said nothing to indicate a particular knowledge of CMGI. Of course, caution is always advised, but you don't hang out with a stock like this if risk upsets your stomach. Of course much depends on where you got in. If you bought at 330 you may have to wait a few more weeks (lol) to get into the black again. As to the net asset value of CMGI holdings, that can only measure the current valuations of the public properties and estimate the market value of the privately held companies. No one has yet figured out how to measure where each individual company will be years down the road. If all goes according to the CMGI plan, they all will be many, many times current value. The Internet is still a new frontier and, as Dave has pointed out a number of times, growing at a rate of 3 percent a day. The Internet companies that are still here five years from now will be on top of the world. We think CMGI and its most of its progeny will be among them.