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

To: Nelson Chang who wrote (9946)6/12/1999 6:26:00 PM
From: Bretsky  Respond to of 19700
 
Nelson,
While I would not even mention myself in the same sentence with the word expert, don't you think the low volume on a consistent basis is due to many (including myself) not wanting to do anything until BIG Al meets at the end of the month ? Just my opinion, for what it's worth, but I wish this stupid meeting took place Monday so the market could go on and CNBC could begin reporting some real news instead of scaring everybody through speculation.

Best Regards, and good luck on all your decisions.
Bretsky



To: Nelson Chang who wrote (9946)6/12/1999 10:36:00 PM
From: JLIHAI  Respond to of 19700
 
A little picture along with an opinion....

timely.com

Two things in CMGI's favor for those who like to hold more than a couple of days. The reversal of a few days ago would indicate a near term bottom on Tuesday (6/15). CMGI has good support in the low 80's, dating back to March. I'd like to pick up some in the low 80's myself, but I'm not getting my hopes up. Weakness in the market early in options expiration week, often leads to buy programs later in the week.

JL


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