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

To: 45bday who wrote (10128)	6/14/1999 11:28:00 PM
From: Nelson Chang	Respond to of 19700

Ocasionally I get carried away w/ hearing myself talk, as I have noticed lately. So I'm going to crawl back into my trading hole. I offer this bit of advice before I leave. For the net stocks to ever recover strength or reach new highs, they will have to consolidate and digest there x-hundred % gains for some time. Sure these are volatile, and you will see a bounce - but that will be just that for the near term, a bounce. And sure there are winners for the far future, but most are losers and will fade into the unknowns and take many investors with them. Look to strength at all times. Semis and cyclicals looking good for continued strength, not a bounce as would be in the net stocks. Observe your own objective entry and exit points regardless of others. You will find that when you start to find more stocks to short at a good entry point, the market will surprisingly be on your side and trade down. Or when you focus on individual stocks and NOT the market, you find that your portfolio now has more longs, it is often because the market is turning around. It is about stock picking. Have a flexible portfolio at all times and you may find yourself leading the market. bye

To: 45bday who wrote (10128)	6/15/1999 8:42:00 AM
From: badon518	Read Replies (1) \| Respond to of 19700

well there are many .coms which have gone public because of a particular content they offer, or because they have some form of partalness (is that a word) and the ipo's have done tremendously well even without a proven business model, revenues, etc. the more established companies-- your yhoo's, aol's, cmgi's--- do have track records, proven business models, etc., and therefore do have some justification for their valuations. although smgi has a few .coms in its pipeline, it also has a lot of compnaies with a much broader range of business which will enhance its success. i think where we may be confused is on the definition of .com, if that helps.