Best Small Cos. The problem is that, even as CMGI has trimmed its sails against the Internet ill winds, valuing the company has become more complex than ever. There are dozens of parts in various stages of re-rigging. The financial filings could confound brain surgeons. With IPO business still on ice, brokers have little incentive to deal with the devilish detail of the hatcheries.
Brokers do write reports, but they mainly parrot company presentations.
As I'll describe in a minute, Wall Street's scanty attention offers opportunity to investors willing to do the homework. The caution is that because most investors won't, the prices can be whipped around by superficial impressions, just as during the bubble. The recent history has been more sobering. The earnings announcement for CMGI's fiscal quarter ended April is expected around June 13. Fill in this form for your free trial issue.