CMGI What is the latest news on this stock? Message Board

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

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To: FDHIII who wrote (2807)	12/11/1998 1:36:00 PM
From: mp	Read Replies (2) of 19700

I think I agree with you that CMGI has bottomed out. If you are not turned off by charts and TA, take a look at CMGI's chart and the current price is just sitting on 50-day MA line. Though it could go either way, my guess is it is going to shoot up to $95 next week rather than tank to $50 as in October. I don't think the market is about to crash now especially because of world-wide, coordinated interest rate cuts. Last time CMGI sat on 50-day MA (in Sept) it shot up to $91 in two sessions! So, let us hope happy days are here again! askresearch.com I have posted url's before but this is not appearing as a url that you can click on. Anyway, try cut and paste and it works.

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