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


To: RLM who wrote (7985)5/6/1999 4:05:00 PM
From: Joe Griffin  Read Replies (1) | Respond to of 19700
 
RLM... I can only compare the individual I-net stock prices with the stable of stocks under the CMGI umbrella. As long as prices hold up for these stocks, I can compare and contrast these with CMGI. CMGI's stable of companies have a combined "value" far in excess of any one of the individual I-nets alone. It is a relative value comparison not an absolute value that i ascribe to CMGI. Therefore, I can say that it is worth X times as much as a RNWK, for example. At this instant RNWK is selling for $197/share with 33.1 M shares outstanding. I believe everyone would agree that CMGI at $227/share with 47 M shares outstanding is worth more.