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Technology Stocks : CMGI What is the latest news on this stock?
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To: Jenne who wrote (8519)5/24/1999 8:03:00 PM
From: Kayaker  Read Replies (2) of 19700
 
I heard this morning on CNBC that the Fed could take back the last 3 rate cuts.

Hard to believe that'll be necessary. With the huge number of folks invested in the stock market, this downturn oughta take the exuberance (irrational or not) out of consumer spending.

PS. This is a rather pleasant thread to visit on such a day. I've shorted a pile of ATHM puts and am not finding much solace elsewhere.
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