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


To: neverenough who wrote (10131)6/14/1999 11:49:00 PM
From: stockman_scott  Read Replies (2) | Respond to of 19700
 
<<Correct me if I'm wrong, but just about every internet stock is at least 50% off it's highs. The selling will be over soon, the smart money is starting to Buy at these levels...>>

You're not Wrong...IMO, this is similar to last October...and we are almost to maximum capitulation. Net stocks go forward three steps and then back two (with each major net correction). It's part of a pattern. CMGI has run up more than most and is coming back down to earth. Yet, this is just temporary. We know how quickly CMGI has bounced back before. I'm holding my remaining shares in my online IRA and ignoring the volatility.

Best Regards,

Scott



To: neverenough who wrote (10131)6/15/1999 9:50:00 AM
From: Jenne  Read Replies (1) | Respond to of 19700
 
Wrong.