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

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To: TokyoMex who wrote (1495)8/13/1998 5:10:00 PM
From: Scarecrow  Read Replies (2) of 19700
 
Once again, Wall Street's very own Dionne Warwick has weighed in with brilliant "predictions":

1. TokyoMex YESTERDAY:
R O F L M A O ... Ignorance is a bliss... re: China,,,
Mid 90s still stands

Message 5476882

2. TokyoMex TODAY:
We buy again ,, soon,, under 70s,, hopefully,,
Wow! What a great call you make after the stock drops about 20 points!! Where were you when it was 91 telling everyone to buy, buy, buy! Now - after it's sunk - you weigh in with a brilliant call. So impressive.

3. TokyoMex Tomorrow: Will tell us what the weather was... yesterday. Hey, Mex, what will CMGI close at a week ago Monday??

The evidence just continues to mount. Check out this beauty of a disclaimer from his deeply revered Societe Anonyme Web site (www.boilerroomfleecejob.com)

(imagine hearing it in the soft, low, fast voice that you hear in radio commercials for used-car financing)

"Unlike an actual performance record, simulated results do not represent actual trading. Further, since the trades have not actually been executed, the results may have under-compensated or overcompensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will, or is likely to, achieve profits or losses similar to those shown. SA does not warrant that trading methods or systems presented in their services or the information herein, or purchased from advertisers will result in profits or losses. SA is not an investment advisor and are not required to provide information about itself on this thread or to any regulatory authority; its picks are not investment advice just a stocks that we think are undervalued, and you should consult your broker or other advisors before purchasing shares. We have no obligation to disclose, publicly or privately, when we are buying or selling any stock, so you should assume that we may be selling this stock while you are buying it; and we reserve the right to change our opinion on this stock, and post accordingly if we wish, at any time without prior notice."

So, he gets paid by the people who want to push their dubious penny stocks (I'm sorry -- ADVERTISERS!) to his paying subscribers. I'll have to check a dictionary, but - yes, there it is -- the very definition of pump and dump!

Remember, you're on record admitting you made a "booty" by getting out of the stock while hyping it.
Message 5480289

He said it himself: Assume he is selling a stock while hyping you to buy it.
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