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Technology Stocks : CMGI What is the latest news on this stock?
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To: Qualopec who wrote (657)7/7/1998 12:30:00 AM
From: Rudy  Read Replies (1) of 19700
 
I think the Internet stock increase is intact for the next 5 years however just now I feel like we are sitting on a big bubble ready to burst. There will definately be a good correction to put people all miserable and hopeless about the internet again. Then it will go up again. As the up runs are so fast and furious, the corrections will be as merciless IMO. So it is not time to play with your neighbor's money. IMO, after each correction, some companies (with real business) will comeback, others will dissapoint and sadden their holders. This bubble will hurt a lot of people for sure. Remember KTEL? It sure made a comeback but how far? YHOO, LCOS, XCIT and likes on the other hand made new highs. They will pull back. And then will make new highs again. Just like waves.

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