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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject9/25/2000 7:58:55 PM
From: indexit  Read Replies (2) of 100058
 
beltfed2 for no other particular reason other than I have been thinking this for a long time 30, and unless there is a massive change in thinking on net stocks, which I doubt, I think it can go lower from there.

I was a farily early champion of CMGI and think Wetherall is brilliant. However I have have read some fairly damaging articles concerning the value of the assets, quality of earnings, and future earnings potential.

That said could be an intersting buy for a couple of months if we ever have a fall rally and 40 will be easy. I would not buy it yet and would use the calender rather than price to determine an entry point. The technicals are very hard to read for support when a stock has dropped this much.
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