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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Stephen who wrote (15672)6/2/1999 9:06:00 PM
From: Jerry Olson  Respond to of 99985
 
Hi Stephen.....**************OT?****************<g>...

i have this funny feeling CMGI is gonna do a deal with my other netnut LCOS...don't know how, where, what??? but somethings up...

i do know Weatherall<sp> the CEO is very well respected in the investment community..his attack of the USAI deal crushed it!!!

he's got a $130 value minimum on LCOS and he/CMGI owns 20% of the co...as for these IPO's////..they're high quality potential companies that the big boys on the block will buy because of him...only the top brokerage houses do his deals....

do worry about the other IPO's..i've made superb money daytrading them 1-2-3 days after the first day...nice..then they all tank hard<g>...

regards guy....



To: Stephen who wrote (15672)6/2/1999 9:15:00 PM
From: Jerry Olson  Respond to of 99985
 
Steve...maybe Fidelity investments has a screw loose<g>...maybe....

let me correct what i said "dont' worry" about IPO's///..Steve Harmon must be reading me<g>....

To: BGR (9140 )
From: Candle stick Wednesday, Jun 2 1999 7:57PM ET
Reply # of 9142

Very positive comments from Steve Harmon. Thks for the link. Comments are below:

CMGI (NASDAQ:CMGI - news) stock is held by FMR, Fidelity's parent company, which
announces it holds a 10.3% stake in CMGI. Interesting if you recall January 6 in my outlook report of hot stocks
to watch for '99 that I mentioned any portfolio manager that didn't have CMGI in its portfolio should retire.
Fidelity apparently listened.

The question now is: Is CMGI fully valued? I can see the way clear to CMGI being valued at double its current
level. To me this is not a earnings story it's a holding company story. With CMGI you get a basket of Internet
firms in one stock.

Now is the opportunity to get into the 'nets if you have been on the sidelines, IMHO.......



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