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

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To: bubbarayjr who wrote (15619)1/8/2000 1:09:00 PM
From: Dale Baker  Read Replies (1) of 19700
 
So you were smart enough to bail out of the market during the terrific runup the last two weeks of December; you "expect" the market to be totally different this year but don't have any particular reason; and you still insist that the result of interest rates going up this year will be magically different from interest rates going up last year.

Good thing you aren't taking risks with a dot.com high flyer like CMGI.

I'm long from a split-adjusted 18 so I really don't sweat it that much. Buying and holding seems to work much, much better than heeding the advice of anonymous talking heads on the Internet.

I recommend you check out the Tulipmania thread or the Stock Market Bubble thread. Good luck.
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