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Politics : Idea Of The Day
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To: uclatrader who wrote (24300)3/14/1999 6:04:00 PM
From: Judy  Read Replies (1) of 50167
 
Hi shuo, my sense is that it will take one of the following

1. Resolution of the LCOS deal

2. Announcement of a split

3. Bringing out an internet IPO on the market

to reverse cmgi's trend back up. A sell the rally reaction would be likely if there is short-term surge from cmgi's presentation at the Paine Weber conference. Unless Weatherall makes an announcement relative to one of the three items above, any surge would most likely be short-lived. cmgi has already presented at two conferences the past two weeks ... what else has the Street not already heard?

It is possible that cmgi would revisit 140's and even 120-122, breakout points are often retested.

Message 8288686

cmgi needs to establish base and consolidate.
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