CMGI What is the latest news on this stock? Message Board

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

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To: Peach who wrote (12450)	8/10/1999 10:39:00 AM
From: gizelle otero	Read Replies (2) of 19700

CMGI "Technical Rap" - By Gizelle (From Raging Bull) Hi Guys! Well another day or two has passed and I have nothing significant to add to the technical rap. Trend lines continue to sag with no end in sight, although I wouldn't be surprised to see us begin to firm up and stabilize toward the end of the week. We remain deeply oversold and sentiment continues to worsen. This is usually a contrary indicator, so all is not lost. When I hear things like "this time feels different", I smile to myself. Investors rarely have a feel for anything in the future, but their comments do tend to come at inopportune moments. The IPO market is sucky, and that is a short term negative for CMGI....but it has little impact in the long term. And we should all be thinking long term on this one. For now, the smartest move with CMGI is to remain uncovered, purchase more if you can, and wait for the eventual reversal. If you feel the need to sell, walk around the block and count to ten backwards. "This, too, shall pass"

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