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: Patsy Collins who wrote (3682)	1/11/1999 9:23:00 AM
From: KW Wingman	Read Replies (2) of 19700

When you are wrong and sell too soon don't be afraid to admit you are wrong and get back in. That is what I did sold at 98. I bought half of my position back at 113. I sold not because I thought the company was overvalued but because I felt it had moved too far too fast. This is about the third time I have sold the stock too soon and had to buy back in higher. I have still made a ton of money on it but I would have made 4 tons of money if I would have not tried to trade the stock and had just kept all the stock I had originally. Anyway IMO, CMGI is still a better long term buy than the other big gainers you mentioned (that is yesterdays news anyway). CMGI is playing catch up now. In addition, ATHM may eat AOL's lunch in a few years as they train people to install the ATHM system and people go for a high speed internet connection 100 times faster than AOL's. Some people will wise up about the internet and switch to a better ISP. AOL will probably still grow but not as fast as expected now so it's price my not hold up (IMO). Good investing, KW Wingman

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