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: Scarecrow who wrote (17638)	4/12/2000 4:40:00 PM
From: AmericanVoter	Read Replies (1) of 19700

I am very tempted to buy here, but I feel more brutality coming... here is a scenario, the price remains between 70 and 75 for 3 consecutive days... by then, whoever had a margin call either had it covered as waiting and hoping for a turnaround in the market has been exhausted... by the way, the end of the 3 days coincides with the last day to pay taxes... during those 3 days, different brokerages increase margin requirement on some of internet companies citing volatility and current market conditions... fueling more selling pressure, driving the price lower... the question is, how low can it go...? examine the chart, and you will see what I dread to write... best of luck to all best regards amein

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