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

To: Frank Ellis Morris who wrote (12072)	7/22/1999 6:40:00 PM
From: polarisnh	Respond to of 19700

Frank, Give me a break! Alan Greenspan is one of the primary reasons that our economy and our nation is enjoying its prosperity! In spite of Clinton he has spearheaded this tremendous bull market. I don't like this little tech correction any more than you do but if he succeeds in scaring this market down a few points to enable it to stretch out longer than I am fine with it. Relax! Steve

To: Frank Ellis Morris who wrote (12072)	7/22/1999 7:24:00 PM
From: KENNETH DOAN	Respond to of 19700

Frank, If you look back this internet sectors had made us so much money in the past year and the first quarter of this year. I think this correction is very warranted. nasd went up 300 points in 3 weeks with out any good news. I traded this stock up and down and the whole internet sector as well. But I still have some long position in CMGI since last year, and I am not planning to collect on it until 5+ years from now. Investors are very rare rare these day, mostly traders and remember the pull back in May, that scared alot of people and people are very sensitive with the sector. All I see is that we are going to go through some more serious correction. This is nothing yet. IMO Just look it this way, the more dip, the more we can pick up more share. We are not holding JNJ, we are holding a very volitize stock. I did not see any complain when we moved 20 points a day in the fist quarter. All I see is this is a healthy correction, and we needed it. I hate to see my investment shrinking too. good luck everyone

To: Frank Ellis Morris who wrote (12072)	7/22/1999 7:24:00 PM
From: S.A. Smith	Respond to of 19700

Try decaf.

To: Frank Ellis Morris who wrote (12072)	7/22/1999 7:33:00 PM
From: Hectorite	Respond to of 19700

Frank, is there a reason you decided to cross-post the same diatribe on three different threads? Who is the one spreading "malicious venom"???? H.

To: Frank Ellis Morris who wrote (12072)	7/22/1999 10:21:00 PM
From: bargainman	Read Replies (2) \| Respond to of 19700

Frank, Frank, Frank ... you need to take something for that ... valium, maybe. Greenspan is not responsible for the "frenzy" of selling that has you so cranked up. A lot of people thought it was time to take their profits, and handsome profits they are. Those who overreacted to a few Greenspan remarks taken out of context fall into that larger genus that H.L. Menken long ago dubbed "Boobbus Americanus," his term for the brainless masses who follow the crowd. I was proud of Hank, as a matter of fact, as he tried vainly to educate the Republican majority on basic economics. Such as: Let's not spend the surplus before we have it to spend. But, as we have seen, the message fell on deaf ears as the Republicans took their usual quick fix by offering tax cuts in hopes of pandering to the lowest common denominator of voter sentiment. The most important government action contributing to our current prosperity is the effort to reduce the deficit, as Hank G. has said. He also urges that the first priority for the surplus be to pay down the deficit. As a father and a grandfather of those who will otherwise have to pick up the tab for our profiligate spending, that is also my first priority. Anyway, Frank, it is YOUR responsibility to manage your investment portfolio, not Hank's. His job is to say it like it is, and he has been doing his job very well.

To: Frank Ellis Morris who wrote (12072)	7/23/1999 12:50:00 AM
From: Brian Malloy	Read Replies (1) \| Respond to of 19700

Frank, Don't worry about it. It's all a mind game. The reality? - One highly elevated data point in April that appears to be an outlier. - Greenspan simply stated an ECON 101 principle. If things heat up and the economy is running too fast then the Fed tightens. He didn't say he would tighten...the fact that many interpret this to mean he is going to derail the economy indicates that too many people listen to talking heads on TV and run with sound bites instead of doing their own analysis. You have been in the market a long time and know that July-October can deliver some pretty wicked downside moves. Taking profits into strength, reducing margin if used and hedging ones portfolio this time of the year is the strategy to additional profits as well as preservation of capital. Regards