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: LOGAN12 who wrote (5209)	3/6/1999 1:23:00 PM
From: Judy	Read Replies (1) of 19700

Depends if you're looking to trade or invest in cmgi. Investors have phased into cmgi whenever it tanked while traders enjoyed the volatility according to their technical indicators. Technically cmgi has been forming an ascending triangle since early January with breakout at 120-122, triggered by their presentation at the recent internet conference. 156 is resistance, once that level is hit intraday, I'd expect momentum traders to plow onto the stock. My calls await the mo-mo and hopefully a new upleg sustained by developing events as posted on this thread. My investment shares are on the backburner, and not for trading.

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