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

To: jackhach who wrote (10306)	6/18/1999 10:57:00 AM
From: jackhach	Respond to of 19700

Yesterday's great volume was very, very encouraging for longs. We got 15+ million shares to trade above $90.00. That is genuine support. The bar has been raised from the safe prices of under $92.50 to a few bucks higher. I'm buying under $98.50 with the hope of chasing down the $113/$114 resist points of our more recent past. I'm sure the stock won't stay near those levels for very long. It'll still be a challenge to stay above $105.00 for any extended period. We can count on the shorts and the profit takers to come in and jump all over such lofty price points. -JH