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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 (9088)	6/2/1999 11:48:00 AM
From: Rene Madsen	Read Replies (2) \| Respond to of 19700

Somebody stop the bleeding

To: RLM who wrote (9088)	6/2/1999 12:40:00 PM
From: PDL	Read Replies (1) \| Respond to of 19700

In 1988 I wanted to invest in "the PC sector." I put $20K into a diversified group of PC/software stocks with the intention of bailing if I saw any weakness (this was my thinking in the shadows of the 1987 CRASH). Among these positions was approximately $5400 for 100 shares of MSFT. Seemed expensive at the time but it was a "pure play" PC stock. Needless to say, that proved to be a good investment. I've taken some money off the table but retain 4,000 shares of MSFT. If you want to participate in the internet sector today, there are a number of pure play opportunities (AOL, Ebay, AMZN, etc. etc.). To my mind, there is no better way to play it than CMGI because of their incubator model. I agree: they currently don't produce a product or service -- I suspect that will change and they will become a mainstream operating company to complement their incubator model. My point was, however, by traditional valuation methods, CMGI looks hugely over-valued today. If you believe the internet is going to be a good place for your long term stock portfolio, I think CMGI merits strong consideration despite the lofty valuation. JMHO.