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: PAL who wrote (13120)	9/26/1999 12:04:00 PM
From: Jerry Olson	Read Replies (2) of 19700

Hi Everyone.. i just dropped by with an update on my read using P&F... as of today..CMGI is sitting perfect...it has moved sideways since Aug and has now positioned itself to either explode/ or implode.... if earnings are good..and it prints 94 on Tues, i have a short term PO of 130...if it misses...it's going to 68, just as fast...94 would break it out of all resistance... and it looks like it's forming a bullish triangle...right now it's at the apex of a triangle from the downtrend line and the bullish support line... geez..this thing could explode...also the net index had a very nice reversal stick on fri...on very good vol... lets keep our fingers crossed..this could be very very nice...we can hit and run this just before FOMC... good luck to all..i am long the stock, but will buy options on MON.... regards...OJ

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