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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: dawgfan2000 who wrote (6849)5/2/2001 11:38:23 PM
From: American Spirit  Read Replies (2) of 52237
 
CMGI - reason it doubled. Lotsa cash. Huge short covering and Priceline.Com actually doing pretty well. If and when the internet companies start performing well CMGI is a bundle of major assets. It could triple by the end of the year from here. Easily. I almost bought it several times 1-3 weeks ago but chose other similar dogs instead. The worst dogs always rebound the most during these correction rallies. Just like Jan 5 week except this time we get a second rate cut within a month. (at least the market expects it and I wouldn't bet against it).
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