CMGI

Totgeglaubte leben länger - gemäss Q-4 Report gegen 1,1 Mrd Umsatz, entspricht aber leider NICHT dem Gewinn

...heute wird aber eingekauft...

+11% auf $1.20 - Kursziel 2 Bucks innert Monaten, vielleicht

Oct 13, 2006 (M2 PRESSWIRE via COMTEX) -- The Bellwether Report Takes Notice of CMGI Inc. (Nasdaq: CMGI)

CMGI sure is glad that whole dot-com thing is over. After extensive slash-and-burn restructuring, the company cut its Internet portfolio significantly. It now provides supply chain management services. Its ModusLink subsidiary offers inventory management and distribution services for a number of high-tech industries, including computer hardware manufacturers and software publishers; its largest customer is Hewlett-Packard, providing over a third of the firm's revenues. CMGI also has a technology-focused venture capital business called @Ventures.

CMGI Inc. after Tuesday's closing bell said it swung to a fourth-quarter net loss of $2.55 million, or a penny a share, as the company took a $7.4 million charge from discontinued operations. During the same period in the prior year, the supply chain management services company reported.....

CMGI

..am Freitag ist's explodiert, das Teil

http://short-squeeze.blogspot.com/2006/10/cmgi.html

CMGI

....und ab geht die Post auf $1.30

CMGI

nachbörslich $1.36 - nach guten Zahlen

MarketCap ist gerade mal 0.65 x Umsatz

Meine 1. Kursziel: $2

http://www.marketwatch.com/too…asp?symb=cmgi&siteid=mktw

CMGI Reports Improved Operating Results in First Quarter of Fiscal 2007

Monday December 4, 4:04 pm ET

Operating Income Increases 121% as Strategic Initiatives Begin to Take Hold

WALTHAM, Mass.--(BUSINESS WIRE)--CMGI, Inc. (Nasdaq: CMGI - News) today reported financial results for its first quarter of fiscal year 2007, ended October 31, 2006.

Financial Summary

Net revenue decreased to $283.6 million or 6.5% from prior year

Operating income increased to $5.1 million or 121.2% from prior year Non-GAAP operating income increased 14.0%, from prior year, to $10.2 million Net income increased 384.4% to $10.3 million compared to the same period last year Gross margin increased to 10.6% from 10.2% one year ago Operating margin increased to 1.8% from 0.8% in prior year First Quarter Consolidated Financial Results

CMGI reported net revenue of $283.6 million for the first quarter of fiscal 2007, compared to net revenue of $303.4 million for the same period one year ago, a $19.8 million or 6.5% decrease. The decline in revenue was primarily attributable to anticipated lower revenue from a single client, in connection with a change in their supply chain model.

Operating income was $5.1 million for the first quarter compared to operating income of $2.3 million for the first quarter of fiscal 2006, an improvement of $2.8 million or 121.2%. The improvement was primarily driven by a $3.7 million decrease in selling, general and administrative expenses as a result of productivity and cost savings initiatives, as well as lower year over year restructuring charges, resulting in an increase in operating margin to 1.8% from 0.8% in the prior year.

CMGI continued to invest in its strategic initiatives which are focused on penetrating new target vertical markets including Communications, Storage and Consumer Electronics, expanding service offerings, deploying a new Enterprise Resource Planning technology platform and advancing global hub and spoke initiatives, such as consolidating IT and finance infrastructures.

"Our financial results show we are making meaningful progress in our supply chain business," said Joseph C. Lawler, Chairman, President and Chief Executive Officer of CMGI. "Despite the anticipated lower revenue, we achieved a third straight quarter of positive operating income, which we accomplished while making continued investment in our strategic initiatives. While we still have a lot of work ahead of us, we are now beginning to see the benefits of the investments we are making in our business."

Non-GAAP operating income represents total operating income, excluding net charges related to depreciation, amortization of intangibles, stock-based compensation and restructuring. CMGI reported non-GAAP operating income of $10.2 million for the first quarter versus non-GAAP operating income of $9.0 million for the same period in fiscal 2006, a $1.3 million or 14.0% improvement. The increase in non-GAAP operating income primarily reflects the operating income improvements noted above.

For the quarter, CMGI reported net income of $10.3 million or $0.02 diluted earnings per share, an $8.2 million or 384.4% improvement compared to net income of $2.1 million or $0.00 diluted earnings per share for the same period in the prior fiscal year. Net income primarily reflects the improved operating income performance as well as a net income tax benefit of $1.4 million primarily as a result of a $3.0 million reduction in our valuation allowance for certain net operating losses in Europe.

"The market remains strong for our supply chain services and we continue to see significant opportunities globally," added Lawler. "Looking forward, we continue to pursue revenue opportunities in our key vertical markets and strengthen our operations through driving efficiencies. Importantly, we are focusing our marketing resources on the development of innovative services, which we expect to position us for success in the global marketplace."

As of October 31, 2006, CMGI had working capital of approximately $282.5 million compared with $282.2 million at July 31, 2006. Included in working capital as of October 31, 2006 were cash and marketable securities totaling $222.2 million compared to $228.7 million as of July 31, 2006.

CMGI

...heute läuft's rund +12% auf $1.40

CMGI - läck mir ..heute +7% auf $1.54

...über $1,55 wird ein mittelfristiges Kaufsignal mit Ziel bei 2,30 und $3,14 ausgelöst.

...wird ein spannender Ritt - hier geht es um mehr als 20-30%

CMGI

Renaissance-Technologies, bester Hedge Fund (?), siehe letzter Absatz zu CMGI

http://www.thestreet.com/_mktw…BSM&cm_cat=FREE&cm_ite=NA

http://stockpickr.com/port/Renaissance-Technologies/

CMGI

Was...nur 100% ... ...mit Calpine habe ich mittlerweile +500% Buchgewinn - allerdings nur mit einer Tranche des Investments

Du scheinst mir was Börse betrifft noch reichlich kurzfristig zu handeln... :roll:

CMGI: Kursziel $15.50 innert xx Monaten

CMGI Inc. Shares Climb Following Baird Conference Presentation

Friday March 2, 4:17 am ET

Ant & Sons submits: CMGI Inc. (NasdaqGM: CMGI) came back into the spotlight recently after TheStreet.com's James Altucher said the stock was worth a look because it had "$47 million in operating cash flow last year and has almost $200 million in net cash in the bank. With an enterprise value of just $421 million, CMGI trades for just nine times cash flow, putting it in buyout territory." Another reason is that Renaissance Technologies, a hedge fund management company, has bought shares of CMGI. With retail investors building demand for the stock on the press coverage, CMGI shares spiked higher on heavy volume.

Yet, the company's latest earnings call in which the company forecasted revenues of approximately $1.10 billion in fiscal 2007 and full year gross margin improvement, did not seem to excite investors as much and shares slid. However, the stock has turned and is rallying following its presentation at the Robert W. Baird & Co. 2007 Business Solutions Conference. It's probably not much of a stretch at this point to believe that funds previously interested in the company are again scrambling to step up their accumulation of CMGI as retail investors eat away at the supply of shares. In late afternoon trading, CMGI closed up by 8.44% to $1.67 on volume of 31.6 million shares (average daily volume is just 5.4 million shares).

Brief notes on the conference presentation include highlights of a successful turnaround in 2006, with $16.6 million in cash flow from operations and a strong balance sheet with more than $225 million in cash. The company expects $1.10 billion in fiscal 2007 revenue and full year gross margin improvement. More specifically, the company is targeting 12-14% gross margin, 7% sales and administrative expenses and 5-7% operating margin as a percent of revenue in the coming year. This compares with 10.3% gross margin, 10.2% sales and administrative expenses and .05% operating margin as a percent of revenue in 2006. Finally, the company expressed optimism in its ModusLink supply chain business, expecting double digit growth in the supply chain service provider market and indicating that it could gain a more significant market presence as eight direct competitors account for just 10% of the market.

CMGI

So, seit meiner Erstnennung ($1.20) konnte man schon 40% Buchgewinn realisieren

JETZT: Upgrade

http://www.antandsons.com/2007…-only-matter-of-time.html

CMGI

$1.92

..$1,1 Mrd. Umsatz und Market-Cap bei knapp 1 Mrd., da ist noch ne Menge Luft nach oben

..es wird gekauft auf Teufel komm raus- heute wechselten mehr als 22 Mio Aktien den Besitzer !!

A Dot-Com Flameout Catches Fire Again

By TIERNAN RAY

IT'S HARD TO THINK of a more delicious example of 1990s dot-com excess than CMGI, which rose from mailing-list vendor to Internet "incubator," amassing stakes in a slew of tech darlings, including Lycos and Geocities.

Then came the crash, and CMGI plunged from a presplit high of $327.50 in January of 2000 to 28 cents a share by 2002.

But recently some of the savviest hedge funds, including Renaissance Technologies, have been buying CMGI stock as the company morphs again. Today CMGI gets paid a fee to streamline the delivery of electronics for firms such as Hewlett-Packard and Eastman Kodak.

After a year of little or no attention on Wall Street, W.R. Hambrecht business software analyst Robert Stimson initiated coverage of CMGI on March 9 with a Buy rating, saying the present value of CMGI's assets is $2.50 -- 35% above a recent price of $1.85.

"Where there has been enormous opportunity in tech is with some of these fallen angels," says Stimson.

But after a 40% jump this year in CMGI shares, is there any upside left?

We think so. CMGI may be a cheap bet that there's value in the electronics supply chain. Trading below the company's $1 billion in trailing 12-month sales, and with $275 million of cash and $2 billion of net operating loss carry-forwards, the company may even be an attractive take-out target for freight giants such as FedEx or United Parcel Service.

"As (CMGI) improves its gross profit and operating profit, this is a business whose sales can rise by 20% or more a year," adds Stimson.

After the dot-com crash, CMGI spent 2001 to 2004 transforming itself into a seller of corporate postage and shipping. In 2003 it paid $231 million to buy Modus Media, a firm that was in electronics distribution.

Chief Executive Joe Lawler, who arrived in late summer of 2004 from printing giant R.R. Donnelley & Sons, now has the company earning fees for what's called the "configuration" of electronics products.

For example, when a cable modem has to be shipped from Asia to a customer in the U.S., CMGI will take delivery of the modem from the manufacturer, bundle it with things like the appropriate power supply for the U.S., and put it all in a box.

"It's not even the same company as it was in the '90s, not even close," says Ryan Jacob, manager of the Jacob Internet Fund, which owned CMGI shares during the dot-com boom.

The new business has razor-thin margins: CMGI makes 10 cents on the dollar for a billion dollars worth of moving goods around the world.

But there are signs Lawler is making the business more efficient. Gross profit after the cost of goods, which has bounced between 8% and 11% in the last couple of years, was 12.5% in the most recent quarter.

"The whole supply chain area is a worthwhile place to be dealing these days," adds Michael Shinnick, who helps manage $3 billion for 1st Source in South Bend, Ind., and doesn't own CMGI shares.

CMGI seems to be in a hot market as more electronics goods are designed, built, and tested in Asia and shipped abroad.

But building a business with stable margins and steady cash flow is no slam dunk. Results quarter to quarter have been uneven. Last year, the company lost $70 million and $100 million in business from Kodak and H-P, respectively, as both found other ways to ship and configure products. The companies are still clients, though their business comprises a smaller percentage of total sales.

Hence, sales are expected to decline slightly in the fiscal year ending September 2008, while profit may dip to 11 cents a share from 13 cents this year.

What's more, CMGI still invests in young companies, which nowadays consist of alternative energy start-ups. And proceeds from selling its companies in its portfolio continue to be a big contributor to cash flow from quarter to quarter.

Former CEO David Wetherell, the deal maestro during the '90s, gave up his chairmanship last year but is sticking around as a consultant on venture investments.

All that gives Jacob and other investors pause.

"The cash and low valuation make CMGI a potential value stock, but I want to know whether this a business that can improve margins and really grow earnings," says Jacob.

In an interview with Barron's Online, Lawler says he can achieve annual gross profit of 12% to 14% of sales in coming years by eliminating waste in variable costs. Consolidating numerous software programs will help CMGI better plan the leases on its facilities and its labor costs around the world.

And Lawler says CMGI can replace lost business at H-P and Kodak with contracts for higher-value electronics such as communications equipment. CMGI's 41 locations in 13 countries outnumber competitors' facilities, which should be attractive to clients.

Lawler won't say who those new clients may be, but according to one source who declined to be identified, they could include storage equipment vendor EMC.

As a sign of progress, Lawler says that aside from business from H-P and Kodak, sales grew 8% or so in the last 12 months, in contrast to the 1% decline reflected on the income statement.

And the venture portfolio? "We see compelling valuations in clean tech," says Lawler, which makes it worth using the company's in-house investing expertise, he says.

CMGI's cash may offer some cushion for the stock while Lawler pursues his plan.

"The presence of cash and of net loss carry-forwards adds some support to that kind of a story," says Alan Loewenstein, senior vice president with American Fund Advisors, which doesn't own CMGI shares.

After the stock's recent run, there's more downside risk than there was at a dollar a share that Renaissance and other hedge funds will cash in their chips.

But the value of that balance sheet perhaps means it's worth it to investors to give Lawler time to show he can build substance at a company long known for dot-com pizzazz.

Full Disclosure:

• Renaissance Technologies purchased 1.42 million shares of CMGI in the quarter ended December 2006, for a total of 3.52 million shares, according to the firm's most recent filing with the Securities and Exchange Commission. Other funds that added to their holdings include Kingdon Capital Management and Barclays Global Investors.

CMGI

Heute herrschte Kaufpanik, über 43 Mio Aktien gehandelt, mit exorbitantem Schlussspurt :shock:

$2.18/ +13,5%