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: Dale Baker who wrote (3172)	12/22/1998 7:30:00 AM
From: Rob L.	Read Replies (2) of 19700

Does anyone think many of the internet stocks, including this one, have gotten way ahead of themselves. From a technical point of view, these stocks are extremely overstretched, with many gaps created. The charts are straight up. Technically, it would appear this sector is due for a major consolidation and i would hate to be the poor (literally) investor that buys right before it begins. I have been in and out of CMGI (now out), but getting back in at these levels seems ridiculous. I am thinking about waiting until after a major pullback (25% or so) before buying again. Anyone have any similar concerns?

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