Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dave Dickerson who wrote (8871)	5/27/1999 9:11:00 AM
From: Jenne	Read Replies (1) \| Respond to of 19700

Recovery Time By James J. Cramer 5/27/99 8:04 AM ET This morning's futures say that yesterday is a "do over." They mock the gains of Wednesday's session with their decidedly negative tone. It is often like that. You will have a session that seemed spectacular, and then you will come in the next day and the whole karma -- and I am not a karma kind of guy -- will be negative. Use it to your advantage. That turnaround yesterday was not bogus. It was a wake-up call to all who had given up on this market and pronounced its condition terminal. It was the patient ripping off the DNR sign (do not resuscitate) and saying, Hey, don't write me off yet -- I'm good for a trading bounce to the upside, if only to prove the doubters wrong. Unfortunately, like the patient who has spent a lot of time in the hospital bed, you can't just resume the upside. Even Steven Segal, in the best-of-genre Hard to Kill, had to do some Zen time in the hills of Chino before he could come back and rip the lungs out of the bad guys. What I like to do is wait until some of yesterday's big gainers have a few points erased from their latest gains, and then stick some bids in. While much of yesterday's move might have been short-covering, there was real buying in some Nets and some tech, particularly listed tech. I want to increase my positions in telco tech (stuff that makes the Net work better off of copper-wire phones), and I want to buy aerospace now that those stocks have come down. And I want more negativity, more nonbelievers and more skeptics. Those things make the market go higher, not lower. Random musings: It's cynicism times two. Some reader keeps emailing me, asking me why I don't like late-night trading. She doesn't believe that I want to spend more time with my kids. Heck, she doesn't even think that I went to the Mets game with my 7-year-old daughter. She thinks I made it up. Wow, talk about cynical! All I can say is, if you can pry that Mets black jersey from my daughter's body sometime this week, please do, as everyone at school has seen enough of it already! And reader, get a life! --------------------------------------------------------------------------------

To: Dave Dickerson who wrote (8871)	5/27/1999 9:27:00 AM
From: Jenne	Respond to of 19700

Planet Direct Names Chumbo.com Exclusive Online Software Store; Chumbo to Provide Personalized Product Solutions for Planet Direct Members BUSINESS WIRE - May 26, 1999 16:56 MINNEAPOLIS (May 26) BUSINESS WIRE -May 26, 1999--Chumbo.com(TM) and Planet Direct, a majority-owned subsidiary of CMGI, Inc., today announced a strategic relationship making Chumbo.com the exclusive online software store for Planet Direct's personal web service (http://www.planetdirect.com). A key part of the relationship is Planet Direct and Chumbo.com's joint initiative to develop innovative and personalized ways of merchandising to specific market segments, as well as unique software offerings for all major Planet Direct enterprise partners. Beginning today, Planet Direct members can access Chumbo.com's online store with a single mouse click from several areas within the Planet Direct site. Each context-sensitive link will take visitors directly to Chumbo.com software selections that relate to the visitors' personal interests. For example, members visiting Planet Direct's "My Money Matters" area have one-click access to Chumbo.com's financial planning software offerings. In the future, Chumbo.com and Planet Direct will continue to create new and profitable merchandising methods based upon Planet Direct's editorial content. As Planet Direct expands its content offerings, Chumbo.com will correspondingly provide software, DVD and publication support for each area of member interest. "Planet Direct is a highly desirable partner for us because their business strategy is very similar to our own. They've done an impressive job establishing a member base of more than 1.2 million consumers, and they understand the next generation of e-commerce," said David Prais, president of Chumbo.com. "Chumbo.com is uniquely positioned to help Planet Direct deliver creative product offerings that will generate revenue and profits from direct marketing efforts on the Internet." In addition to easy access to relevant software and materials, Planet Direct members will have full access to Chumbo.com's complete collection of software, DVD movies, and computer-related books. As a special welcome to Planet Direct members, Chumbo.com will automatically upgrade their orders to Federal Express Overnight delivery at no additional cost. "Planet Direct's mission is to deliver a superior, highly personalized Internet experience that helps our members make the most of their time online," said Jeff Cunningham, president and CEO for Planet Direct. "Partnering with Chumbo.com provides our members with a focused, efficient way to buy software and DVDs, coupled with reliable information and resources. Our goal is to offer a seamless means of accessing titles tied directly to their needs and interests. Chumbo.com understands the consumer relationships to make this possible." About Planet Direct Planet Direct, a majority-owned subsidiary of CMGI, Inc. (http://www.cmgi.com), is a personalized Web service that tailors members' online experience to their interests and local community. By integrating brand name editorial with enhanced links to popular sites and services, Planet Direct provides consumers with essential, everyday information such as news, weather, and financial data in a logical and intuitive manner, ensuring easy access to personal interests in a community atmosphere. Available free on the Web planetdirect.com, Planet Direct is also provided to, and co-branded by, more than 650 Internet Service Providers, as well as leading national partners such as AT&T WorldNet Service(TM), up2 technologies inc. (a division of Teleglobe, Inc.), Discover Card, and RE/MAX. About Chumbo.com Chumbo.com provides a channel of distribution for independent software vendors (ISVs), an optional distribution method for PC OEMs and is a 24-hour resource for consumers and corporate clients to purchase software, DVDs and computer-related books. Chumbo Holdings Corporation, an Internet commerce company, is the parent of Point Group Corp. and Chumbo.com. Zomax Optical Media (NASDAQ:ZOMX) holds an equity interest in Chumbo Holdings Corporation. Chumbo.com can be found on the World Wide Web at www.chumbo.com. -0- kc/bos*