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: Robert Rose who wrote (2824)	12/14/1998 8:06:00 PM
From: DWW II	Read Replies (2) of 19700

Robert, I'm not trying to pimp you to much about this. I know with a volatile stock like this, things swing very widely. But then that is precisely my point. You wrote CMGI has been bumping up against its 90$ resistance level for some time now. Yes, selling at 88 may be a good strategy for a short-term trader like yourself. However, that resistance will break, and will break before the new year, IMO. When it does, all (positive) hell will break loose for its stock price. That is why I trade this stock. One can make 100 times the $ by trading this stock than by holding it with a long face. All you need to do is trade it twice in a year, and you have already "out run" the effects of the IRS as compared to holding it. I'll buy it tomorrow and wait for YHOO earnings announcement. By then I'll have my VISA bill from a week in Aspen w/family. Wife & 2 kids. I'll be thinking of all of you Thursday as we fly down the slopes. Merry X-Mas to all. DWW II

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