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To: mogwai8myball who wrote (65595)	6/30/1999 12:25:00 PM
From: Olu Emuleomo	Respond to of 164684

>>>Anyone like CMGI? <<< I like CMGI. Chart VERY bullish. Support at 100, resistance at 120. Has formed a bullish H&S bottom. --Olu E.

To: mogwai8myball who wrote (65595)	6/30/1999 12:32:00 PM
From: Eric Wells	Respond to of 164684

On a fundamental basis, I have a negative view on CMGI. CMGI's revenues rely on: 1. Internet IPOs, which I feel are drying up. 2. Forming a new mega-portal with the AltaVista investment, at which I feel they will fail (due to their lack of marketing experience, and due to the fact that AltaVista has already been branded as "just a search engine"). But in spite of my opinion, I think there is a strong likelihood CMGI stock will continue to go up (it's up nearly 4 as I write) - at least as long as we see positive investor sentiment toward internet stocks. Of course, this sentiment could change any time (it could even change at 2:15 ET today - it might get stronger or weaker). -Eric