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Technology Stocks : CMGI What is the latest news on this stock?
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To: Mark Peterson CPA who wrote (7287)4/19/1999 4:56:00 PM
From: bargainman  Read Replies (2) of 19700
 
Mark, Rene -- My late Latvian mother in law had saying about wishes: "If Auntie had wheels she'd be a trolley." Okay, so maybe it loses a little in the translation.

Amein -- I feel inadequate to the task of putting a bottom on our current descent. I do feel confident that it will bounce at some point and six months from now we'll look back on this day with broad grins, except for maybe those who dumped their shares cheap and bought a bunch of pig iron stocks so they could get in on this current love fest for the lunchbucket industries. Also, I believe that within a few days there were be a reassessment of the Inets with an eye to buying back the quality companies, like CMGI, Yahoo, AOL and others. The marginal Internet companies may face a survival test this quarter.
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