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Remember CMGI?

By Tim KnightStock MarketsOct 12, 2017 01:43PM ET
www.investing.com/analysis/remember-cmgi-200218461
Remember CMGI?
By Tim Knight   |  Oct 12, 2017 01:43PM ET
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CMGI was insanely powerful during the first internet bubble. It was the poster child of the dot-com boom.

As the bubble burst, investors began to refer to CMGI as the 'can’t make good investments' stock, which undid most of its multi-thousand percent gains.

What Happened?

CMGI is now known as ModusLink Global Solutions (NASDAQ:MLNK) – no idea what that means – and here’s its chart:

ModusLink Global Solutions (formerly CMGI)
ModusLink Global Solutions (formerly CMGI)

Pretty extraordinary, isn’t it? Incidentally, for all of you who are gaga about stocks that make news-highs, this is what CMGI looked like during the first phase of its life. You've been warned.

Early (CMGI) ModusLink Global Solutions
Early (CMGI) ModusLink Global Solutions

Remember CMGI?
 
Remember CMGI?

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Solomon Lalani
Solomon Oct 12, 2017 6:06PM GMT
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Entire DJIA SPX NQ monthly chart pattern since 2009 looks like the same pattern as CMGI's first phase
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tony ooh
tony ooh Oct 12, 2017 6:35PM GMT
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almost 26% up since nov 6. timmy missed the call and hatin' life. now he writes columns everyday to remind us? anxiety gets to the best of us.
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