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

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To: Scarecrow who wrote (962)8/3/1998 12:10:00 AM
From: surfinSteve   of 19700
 
Scarecrow, you do like to RANT!!! Debs comes up with the idea that GCTY won't fly. So I ask her why she thinks so. Did she hear it somewhere? I didn't get any rational reply on that one from you or Debs. If someone has an intelligent argument on the subject why not let us see it.

I have no prejudice against shorts or people who overuse UPPERCASE!!! I enjoy reading what you and Debs have to say, but I disagree with both of you.

CMGI has bounced nicely off its 50 moving average and formed a nice double bottom. It has corrected recently and has strong good news pending. It's long term prospects are nothing short of stellar, due to great management and investments. That's my case for buying more CMGI in the very near term.

Will the situation in Washington cause the market to tank as Deb fears? I think not and if so it will be very short lived and present an even better buying opportunity.

Long on CMGI!!!

surfinSteve
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