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

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To: AmericanVoter who wrote (12350)8/4/1999 8:20:00 PM
From: DlphcOracl  Read Replies (1) of 19700
 
Amein: To answer your question, it's your wishful thinking.

The i-nets still have a ways to go before they begin rebounding. Any uptick between now and Sept. will be short-lived. One can say anything one wants about earnings, the future of the internet, etc. but these stocks are still driven primarily by investor sentiment and momentum. Having said that, I think many of these stocks will have a strong 4th quarter and Jan./Feb 2000. I'm not a buyer here, though.
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