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Technology Stocks : CMGI What is the latest news on this stock?
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To: AmericanVoter who wrote (9962)6/12/1999 8:01:00 PM
From: bobby beara  Read Replies (1) of 19700
 
>>>M. Dell, B. Gates, S. Case, B. Diller, D. Wetherel ....<<<

all pretenders to the Buffet throne.

I am not debating the importance and impact of the internet, just the priced for perfection paid by emotion investors (greed) and warning of the envitable result of mass greed, which is mass fear.

stockcharts.com

Short term treasury yields have what is a classic cup and handle formation on the verge of breakout.

high p/e's and high rates don't mix, it don't matter how much better the internet is than sliced bread or the gutenburg printing press.

I don't visit individual stock threads very often but the short visits and preditions to the Amazon thread in mid april and warning of an imminent top in internet indexes that would be at least the magnitude of the 1/11 top and the visit to the Dell thread at the bottom of the big drop in feb that the ensuing rally would be a rally for Dellheads to visit the exits gracefully have so far been pretty good calls.

bb
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