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Technology Stocks : CMGI What is the latest news on this stock?
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To: Scarecrow who wrote (9590)6/10/1999 5:44:00 PM
From: SJS  Read Replies (1) of 19700
 
Yes....

But he's troubled because he made the earnings play layup attempt for one of the 4 horsemen of the INUT sector, and will probably lose.

You're a LT investor who understands the company. He's a ST trader that apparently made a poor timing execution. It hurts non-the-less, especially if your a ST player.

IMVHO, this is a just another warning shot to the Net sector, and more are coming.

Net stocks are entering a new phase. The BIG FAST MONEY DAYS are going to very quickly give way to investors picking correctly, learning how to be patient with a LT horizon, and knowing what your company does and how they will get themselves there.

Birdshot used to work, every IPO was a winner.

You gotta pick right, or "righter" now.

Steve
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