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


To: Craig Rogers who wrote (8750)5/26/1999 10:31:00 AM
From: Tech Bull  Respond to of 19700
 
10:30 'rally'?? Head fake like yesterday?? I'd like some stability ...



To: Craig Rogers who wrote (8750)5/26/1999 10:39:00 AM
From: Carl R.  Read Replies (2) | Respond to of 19700
 
One thing I've noticed about this thread is a complete lack of fundamental analysis. Yes this is a good company. Can anyone give me a fundamental analysis that supports this price? I sold half my holdings the fist time it reached 180 thinking it was incredibly over-valued. Of course 300 puts a new perspective on "incredibly overvalued", but that is another issue. What is it really worth from a fundamental perspective? A PSR ratio of 230 times the most recent quarterly sales still seems awfully high to me though it is better than 380 I suppose.

Carl