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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: unctarheel who wrote (50705)	6/10/1999 8:31:00 PM
From: BRANDYBGOOD	Read Replies (1) \| Respond to of 90042

I don't think so. CMGI is VOLATILE at best. It doesn't surprise me that their earnings are down, given the state of the internet sector right now. With the flood of IPO's in that sector creating a very dilutive scenario for CMGI, no one is going to like their #'s even with the revenue increase. Also, high p/e stocks like CMGI are on very shaky ground waiting on the CPI and PPI results. If they are at all indicative of a rate increase, watch out below. JMO. I've made quite a lot of money on CMGI in the past, but am basically avoiding this sector right now except for some day trading here and there. Hope this helps. B