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 (8032)	5/9/1999 12:54:00 PM
From: Jill	Read Replies (1) of 19700

Jenne... Have been mulling over the fact that there's always a bogeyman, that's the "tao" of the market, which is manic-depressive. Seems to me this particular market (of last few years) is a bit confused about the power of such bogeymen, however, as institutional buy/sell/churn isn't reigning quite as absolute, since individual investors also have their own mind/ways, and are more confident or even contrarian. Yet panic is still powerful...still effective...a single analyst's call can move the herd one way or another for awhile...As a friend recently pointed out, when the yen was 90 we were worried it was so low we'd all crash, when it was 150 we were worried it was too high we'd all crash, yet a decade earlier when it was 280 we were NOT worried...maybe they'll scare up some fear over inflation now, maybe not...I just buy and hold, if I were smarter about it maybe I could short-term trade on these shifts, but they're so unpredictable! Jill

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