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

To: stock_bull69 who wrote (8691)	5/25/1999 7:03:00 PM
From: bargainman	Respond to of 19700

Steve -- It's important to remember that the current onslaught is more directed at high P/E stocks than internets in particular. Other high P/E stocks are getting hit too as the "value" mantra sweeps the Street. It just happens that internets have the highest P/E's going. I see some balance coming later in the year as improved revenues and earnings bring acceptance of slightly less higher P/Es for the internets and share prices find their proper levels. CMGI and MSGI are particularly well positioned to wow the analysts in that regard. I suspect that we are moving into a period where the market will differentiate more carefully among the internet stocks and, again, that is where CMGI will shine. We knew this cloud was coming at us. But it WILL pass. -- Regards

To: stock_bull69 who wrote (8691)	5/25/1999 7:37:00 PM
From: George Martin	Respond to of 19700

49erSteve - That's the best strategy, too, IMO. The one thing I did when we crunched last fall -- any one here remember CMGI being "given away" around 38 (split adjusted 19) !! last October ? -- was to rotate more into the "top tier" internets. If I were buying or selling now, IMO now would be the time to rotate out of the more "spec-y" ones and load up on the LT winners. I got out of more than a dozen weak outliers -- omkt, nspk, wavo etc. -- and "doubled down" on CMGI, AOL, YHOO, etc. -- the premier ones. Since then many of those -- including CMGI today -- are up 10 fold since then. That was a good lesson for me and worth the "pain" at the time. At a time when most internet stocks are getting smashed as a group, that's a good time to decide which ones are going to be the long-term survivors, and which ones may not recover from every drubbing -- Good luck - George Martin