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

To: bargainman who wrote (11471)7/6/1999 11:50:00 AM
From: Robert Rose  Respond to of 19700
 
<But given that Yahoo is on a good pre-announcement run today,
taking the sector with it, >

I'm not so sure this run is Yahoo-driven, or driven by any other first-tier inet stock (aol or cmgi, for that matter). After all, second-tier inets such as exds and gnet have been on runs for a few weeks now. It almost appears that the first-tier stocks are following some of these second-tiers.

Actually, this makes sense to me, as I believe the first-tiers are now bumping up against full-valuation issues. It's all about market cap. Doesn't mean we can't expect 52-week doubles from these stocks, just that 52-week 10-baggers are a thing of the past. Not so with gnet, exds, eeln or hsac, four of my current favs.



To: bargainman who wrote (11471)7/6/1999 11:59:00 AM
From: TraderTerry  Read Replies (1) | Respond to of 19700
 
<OT> Thanks Bargain...Yeah, I agree it did run up sometimes
and it does look like Yahoo will beat the whisper number of
0.10 quite easily. But I am betting that it will fall back
after that and take the entire sector with it. I am short
at 188 and will be shorting further at any spikes that I see.


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