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CMGI coming back? Rate this Topic:
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startup3665
Posted : Friday, December 8, 2006 12:36:09 PM
Registered User
Joined: 10/26/2006
Posts: 56
Interesting to have heard Peter Worden talked on CMGI in his recent stock selection list (12.06). CMGI has @Venture origin and has switched five year ago to focus on the Supply Chain Management for companies like: Sandisk, HP, MoGo Mouse,...

As of Dec 4.
CMGI's "profit increased nearly fivefold in the fiscal first quarter, as falling operating expenses and a tax benefit offset a drop in revenue.

Quarterly earnings for the three months ended Oct. 31 rose to $10.3 million, or 2 cents per share, from $2.1 million, or breakeven on a per-share basis, during the same period last year."

Technically, price and volume had some gap up;
MS, TSV are above the high 75% average, lots of BOP buying back in March, April, July, October, Novemeber.
MACD showed MA centerline crossover and a positive trending as price volume action.

Insiders: CEO, CFO, directors have been vesting heavier on the stock options recently.

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