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

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To: James Thompson who wrote (15122)12/21/1999 10:28:00 PM
From: S.A. Smith  Read Replies (2) of 19700
 
I agree - holding the bulk of this gain, regrouping, and continuing our climb would be great. I'm just cautioning to be prepared for the rollercoaster this beast can be...
Last time, we made it to 330 after a few incredible days in a row. My point was that after we had that big runup and hit the high, we dropped,then wallowed around for a while,then bitched and moaned, and finally started our march onward and upward which increased in momentum up to today where we could (possibly) be starting the loop over again. All the while, the CMGI "story" never significantly changed - which should be kept in mind.
Will history repeat itself? Who knows. But I can stomach it if it does.
Again, and again, and again...
Because I believe in the CMGI story. And until this story changes for the negative, the volatility inherent in a stock with a Beta of 3 will never be enough to scare me out of my shares or tempt me to cash out "early".
Just wanted folks to keep that in mind...
Cheers,
SAS
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