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


To: James Thompson who wrote (11850)7/17/1999 6:54:00 PM
From: AmericanVoter  Read Replies (1) | Respond to of 19700
 
if you run after two sheep, you will catch niether... you may want to get on the MSFT bandwagon, but should you jump off CMGI... don't know, not me in any case...

the hum-drum is the calm that precedes the storm...but hey, that is just my opinion...or wishful thinking.

best regards
amein



To: James Thompson who wrote (11850)7/17/1999 8:17:00 PM
From: stockman_scott  Read Replies (1) | Respond to of 19700
 
<< I was toying with the idea of trading it in for MSFT. Did you see the news on their re-valuation, half a trillion! Broke through to a new high around $99 on Friday.>>

I haven't owned MSFT for over a year now. With Microsoft's current valuation, how many more times can it double? Just wondering. I see MUCH more potential with many of the young technology firms.

Good Luck Investing.

Best Regards,

Scott



To: James Thompson who wrote (11850)7/18/1999 10:17:00 PM
From: JT  Read Replies (1) | Respond to of 19700
 
James,

I believe CMGI is just in a consolidated pattern opposite of what we saw in May (head and shoulder), as you look at the chart, CMGI consolidated for 3 weeks before it finally broke down. We are now also in a head and shoulder reverse pattern with consolidation for 2 weeks now. We may finally go back up to new highs in the next 2 to 3 weeks. Maybe this is just my wishful thinking. When it finally breaks out, it will be hard to catch. After I have been through with QCOM since 96, CMGI is piece of cake now. Patience is our virtue.