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


To: AmericanVoter who wrote (9158)6/3/1999 11:29:00 AM
From: bargainman  Respond to of 19700
 
Amein -- Another example of the recognition you noted. This is an excerpt from a piece by George Mannes of TheStreet on the problems with Winfield Capital:

<<One investor has seen enough. John Munari, an accountant in New York City, says he bought into Winfield Capital at 15 and ended up selling his stake in the company in the 30s after its round trip to the 65 milestone. He says he's not ready to invest in the company again. "My whole concern with the Internet is the earnings now," he says. Munari adds that he's more impressed by the resources of deeper-pocketed CMGI as an early-stage investor in Net stocks. "If I'm going to bet on anyone, I'm going to bet on CMGI," Munari says, "because it's the monster in the area.">>