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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?

To: jackhach who wrote (9336)	6/7/1999 11:30:00 AM
From: stock_bull69	Read Replies (1) \| Respond to of 19700

Unless you're daytrading CMGI I would simply jump in and buy it. CMGI is still a screaming buy at $102, down from it's high of $165 a couple months ago. Earnings coming out later this week will prevent a selloff to the $95 level unless the market tanks. JMHO Steve

To: jackhach who wrote (9336)	6/7/1999 11:35:00 AM
From: Mark Peterson CPA	Read Replies (2) \| Respond to of 19700

I foolishly sold this morning at $97.75 and missed a couple of points, however I have orders in at $95.50 for the day. It probably won't fill -- but why not try. Well, you're in good company. At 10:51 this morning, someone sold a 50,000 share block of CMGI at 99 1/2, an eighth below the 99 5/8 bid. Frankly, I view this as a positive for the stock. The sale of such a large block should have occurred 1/2 point or more below the bid. And some institution decided that a $5M bet on CMGI at this level was evidently worth the risk. Best regards, Mark A. Peterson