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

To: MulhollandDrive who wrote (10070)	6/14/1999 3:43:00 PM
From: Jenne	Read Replies (1) \| Respond to of 19700

JJC's Clip-and-Save-the-Market List By James J. Cramer 6/14/99 3:28 PM ET OK, here it is, your all-in-one clip-and-save checklist of what gets us out of this morass. It's what you have to look for to turn things around. Deals must be canceled. Scrapped. Shelved. Done. Kaput. Gone. Now. A Net company has to preannounce better-than-expected earnings, pronto. It must be a major concern and it has to be strong enough to force short-sellers to cover shorts. Oil has to go under $15 a barrel to give us hope of some soft PPI numbers down the pike. The Fed has to raise a quarter of a point and then say it wants to wait and see, and then the Fed governors have to agree to shut up for a few weeks. The CPI has to be benign, causing the 30-year bond to go below 6% yield. The retail sales, including autos, have to slow. That's not much of a wish list, but from these levels and with this negative psychology, you could get a run with this six-point action list. But we need every aspect of this gauntlet to be met and trounced. Stranger things have happened. The good news is that I think you can WAIT to see if the gauntlet is surmounted before you have to act. The bad news is that it must be surmounted.