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Technology Stocks : CMGI What is the latest news on this stock?

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To: Scarecrow who wrote (6578)3/26/1999 10:05:00 PM
From: Hands Off  Read Replies (2) of 19700
 
Scarecrow, I have always appreciated your posts and particularly liked you TM comments. And I agree 4% is no great shakes and DW is entitled to take a little off the table.

But the timing is not great. The Lycos confusion and back tracking on the split coupled now with the sale can be easily construed as a negative in the short term. This market does not work on logic but on emotion and perception. We will need to work through all of these or be given a good dose of positive news to start the next leg.

Long but cautious

Marshall
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