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Technology Stocks : CMGI What is the latest news on this stock?

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To: Brian Malloy who wrote (4021)1/14/1999 10:32:00 PM
From: Millionairess   of 19700
 
brian,

I've been getting out of most of my trading positions all week (kept my NAVR though - I'm a real fool for that stock) including all non-LEAP calls - BUT will continue to hold my longterm CMGi position with a good bunch of puts - it will be interesting to see how CMGi weathers the immediate future now that it has joined the ranks as a top tier internet stock - YHOO, AOL and AMZN weathered the last downturn extremely well

I'm a little cautious right now to pick a bottom - I got a little singed last august trying to do that - in the back of my mind, I wonder what else will appear on the horizon in addition to brazil - will this will be a drawn out couple of months like the last time? - I would agree with you that we may come back sooner only because the world seems to be working closer together now re: monetary policies - I would like to check out greenspan closely on wed. to see what is said

whatever, I hope I've succeeded in setting up portfolio so that I will be able profit in whichever direction the market goes - I will see if some lessons learned from our last great drop will pay off for me here

just an dumb internut - good luck, m

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