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Technology Stocks : CMGI What is the latest news on this stock?
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To: Craig Rogers who wrote (6971)4/12/1999 10:06:00 PM
From: Hands Off  Read Replies (1) of 19700
 
Craig, you wrote I'm not making the same mistake this time. I've made a bundle and I'm not loosing it.

Well I thought the same thing when the DOW was 8700 last year. I had AXP at 88, LEH at 38, etc., but the advance/decline line was bad, market breadth was bad so I sold everything, got out and paid the tax man a bundle. Watched it drop to 8000, and thought I was so smart.

And then the DOW started creeping up and I did not see if and I never did get back in fully. Now it's me that would be taking Bill G to lunch had I not sold.

Just to let you know, I also sold 40% of my CMGI (something I said I would not do on this thread - but then there was LYCOS and Barry and DW selling 4%) at 191 after buying at 124. Well, was that 2 weeks ago or 3 weeks ago - I forget? Anyhow, ask me if I regret selling.

Well, thats what makes the market. So this time you sell, I will hold and next year we will swap stories.

Luck,

Marshall
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