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Technology Stocks : CMGI What is the latest news on this stock?
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To: bobby beara who wrote (9979)6/13/1999 2:01:00 AM
From: neverenough  Read Replies (1) of 19700
 
, however if we do not continue this trend down on Monday, i would look to a rally to the downtrendline as a shorting opp,

I almost have to agree with you there bobby. If indeed we do rally next week but are unable to break through the 107 area CMGI is still in a downtrend and shorting it for a quick profit is not out of the question.

I've been long CMGI for about a year now and have added on the major dips, as I did on Friday at 91. I also like to trade the stock and have even shorted it a few times. But IMO CMGI will be one of the top 10 percentage gainers of all public companies within the next 3 years, and one of the best trading stocks of all time.

You see CMGI is not just an incubator of internet companies, but a community of companies feeding off one another.

Bottom line it's a money maker, if you play your cards right.

Bong
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