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: neverenough who wrote (17764)	4/19/2000 9:55:00 PM
From: Time Traveler	Read Replies (1) of 19700

Well, it is now $60, $4 below what you paid for! From the Level 2 data, it looks like that we did not get all the turkeys out during the recent sell-off. Those stock holders (your enemy) who want to be out are still hanging in there. If the general market drops again, we should be re-testing $50 soon. This is a strong support level. If it breaks, next strong one is at low $30's. In the long run, you should be fine. This is a company growing at exponential rate in terms of revenue. However, I think if you are patient enough, you can pick up the shares cheap at $50 again. There is also possibility that you can buy CMGI at $30. Good luck!

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