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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (59937)	6/2/1999 12:29:00 PM
From: BGR	Read Replies (1) \| Respond to of 164684

Michelle, I have no problems with the publicly traded VC concept as Berkshire Hathway is but the same thing. But, I own CMGI puts because I think that it is a Net bellweather more accurate than AOL or YHOO (AMZN being just a nut, EBAY a nutty baby with fleas - no offense anyone, please, just joking here :-)). Also, the companies that CMGI is presently incubating are far from being top notch, there is an oversupply in the net IPO market and liquidity for that is drying up. But TBH I like RNWK and INKT precisely for the reason you do not like them, that is they are s/w companies in disguise. -BGR.

To: Lizzie Tudor who wrote (59937)	6/2/1999 1:03:00 PM
From: Robert Rose	Read Replies (1) \| Respond to of 164684

<I don't like cmgi really, compared to some others. Of course no one agrees with me but what else is new? The entire publicly traded VC concept is a little tenous in my mind.... its a good thing but what happens in a declining market? > Let's put things in perspective. Yes, CMGI's beta is extremely high at 2.83. I remember reading that that places it in the top 5 (publicly traded?) stocks by that measure. But one cannot argue re: reward. With the possible exceptions of EBAY and GNET, it remains my best performing holding. As I got in at less that $10 split-adjusted in 5/98, the stock climbed an incredible 16-fold before declining to its current 8-fold level. I will take that, thank you <g>. CMGI is an opportunity for us little guys to get in on the VC thing. The stock is my largest holding.