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: Jenne who wrote (6349)	3/18/1999 7:32:00 PM
From: LWolf	Read Replies (1) of 19700

Jenne.. re: trekking down.... I'm inclined to think it will continue up (perhaps in fits and starts), but up, as more fund money comes into the stock. I'm not looking for it to go to 250 in the next month (since I just wrote covered calls at 230), but do think it will continue rising. If we close over 10k and the S&P gets above 1325 (someone posted), a lot of buying pressure should be released... and "a rising tide lifts all boats" (at least for a little while). Then, I wouldn't be surprised if we get some corrections in May (like someone predicted). It seems to be the rhythm of the quarters and earnings reporting. Wish I knew what the cycles were for fund purchases. laura

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