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Technology Stocks : CMGI What is the latest news on this stock?

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To: surfinSteve who wrote (960)8/2/1998 9:47:00 PM
From: Debs  Read Replies (1) of 19700
 
In reality I or no one else has a clue as to what will really happen to this stock...However, with somewhat educated guesses and difference of opinions maybe some of the newbies can better decide whether this stock is for them.....
Bascially, i am just pointing to situations one has to be aware of and one of them being the current market conditions which NO stock is really immuned to..
Secondly, if something does jump out of washington and put a severe bite on the market then i doubt GCTY would dumb enough to go public with adverse conditions present..
In short, if things lighten up in washington and market conditions improve then i would like to see the downtrend in the nets start to reverse because stating only positive views on this stock..
CMGI with better conditions as i described may be a very very good play and i would be the first to admit it...
Otherwise i certainly think investors, especially new investors, have to weigh the risk to reward by looking at all sides...
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