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Remember CMGI?

Published 10/12/2017, 01:43 PM
Updated 07/09/2023, 06:31 AM

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)

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

Latest comments

Entire DJIA SPX NQ monthly chart pattern since 2009 looks like the same pattern as CMGI's first phase
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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