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


To: DAY TRADER who wrote (9736)6/11/1999 6:18:00 AM
From: Dale Baker  Respond to of 19700
 
All this doom and gloom on the thread. I have held CMGI since last December. It goes up and down a lot. Some people made money, some people lost money. I made a considerable amount in relation to my overall portfolio.

I will hold CMGI for a long time to come. I expect it to go up and down a lot. In the long run, I expect to make even more money despite the fact that CMGI has been one of the best cash cows in my portfolio for the past six months.

Only gamblers who take all or nothing positions with lots of margin (long or short) risk getting wiped out. That is true in any stock (and not a smart move in terms of money and portfolio management).

I doubt that describes more than 1% of the people reading this message right now. They deserve to get crunched for gambling that much.