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Technology Stocks : CMGI What is the latest news on this stock?
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To: Tae Spam Kim who wrote (336)4/13/1998 4:24:00 PM
From: Iceberg  Read Replies (3) of 19700
 
>I just want to warn you guys, I've seen this happen before. Be careful. I remember Optical Cable (OCCF) a couple summer ago, shot up from 10 to 142 and then went down VERY abruptly.
Protect yourself with stop loss orders. Surely there is money to be made on these internet momentum plays, just make sure you protect yourself.

Tae Kim,

You are absolutely correct about OCCF! I bought OCCF at 18 and sold at 20 because I didn't like the bid/ask spread action. OCCF, as you say, went on to 100+, then crashed. Somehow or another, I get the same "vibes" with CMGI. CMGI is a highly-treacherous stock right now.

Ice
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