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

To: Zeem who wrote (10031)	6/14/1999 10:48:00 AM
From: Ken	Respond to of 19700

I respectfully disagree. Companies are under no obligation to pre- announce their earnings, whether good or bad. It is all too easy to sue in this country, and many companies preannounce in hopes of staving off such lawsuits. The way I see it, the only difference is the stock tanks a few weeks earlier at the preannouncement rather than at the earnings date. Short-term traders who try to buy up prior to earnings just to unload after can get killed. That is not investing, that is gambling. I don't know what your situation is, but if you are a CMGI shareholder don't worry. The company and the stock will do fine. You have to ignore these daily (monthly!) fluctuations and hold for the long-term.