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Technology Stocks : CMGI What is the latest news on this stock?
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To: Todd N. Weisrock who wrote (856)7/29/1998 11:30:00 PM
From: craigok   of 19700
 
Re: Greenspan, the market, and CMGI.
Greenspan is a disciple of Ayn Rand. Read: Atlas Shrugged.
It's all about free market. He believes in it. This philosphy does not include market manipulation. It the market tanks, his policies
are more likely to manipulate interest rates to stimulate spending
than anything else. CMGI will go down with all the other internet
stocks. But only a fool would believe that the internet is a
short term fad...like that automobile thing.
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