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Technology Stocks : CMGI What is the latest news on this stock?
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To: Jenne who wrote (9064)6/1/1999 5:17:00 PM
From: bargainman   of 19700
 
re: "bottom 75" -- I hope you are wrong. I thought the 173/2 we saw last week was quite sufficient for a bottom. I would think that we might see some modest buying on selected internets like AOL, Yahoo, Lycos and CMGI sometime this week unless we get hit with still more bad economic news. The market always overreacts to bad news just as it overreacts to good news. I think we are setting up for a mild bounce but nothing spectacular til the end of summer.
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